Accountancy, asked by simi2903, 1 year ago

A company forfeited 150 shares of Rs.20 each issued at a premium of Rs.5 per share for non-payment of Rs.15 per share (including premium) on allotment and Rs.5 per share on first and final call. 100 of the forfeited shares were reissued at Rs.16 per share fully paid.

Give Journal Entries in the books of the company for forfeiture and reissue of shares.

Please give me answer ......
tomorrow is my exam.
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Answers

Answered by nuzhat79
7

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