Accountancy, asked by keerthanasunil123, 1 month ago

A Ltd. forfeited 500 Equity Shares of ₹ 10 each but ₹ 8 called-up, Anand failed to pay 1st Call Money of ₹ 3 per share. These shares were reissued by the company paid ₹ 9 per share. Write Journal Entries for Forfeiture & Reissue of shares.

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Answered by singhdinkar60
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