Accountancy, asked by sheronamanuel25, 3 months ago

a company has forfeited 300 shares of 10 each of x for non-payment of final call of 5 per share .it has rr issued 400 shares at 8 per share record

Answers

Answered by sangeeta9470

0

Answer:

share capital account. dr 3000

To share final call. 1500

To share forfeiture account 1500

Bank account. dr 3200

share forfeiture dr. 800

To share capital. 4000

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