Question

any Accounts (Share Capital)
y. (Discount forfeiture. Reissue. Cash book. B/S) BPL Ltd. issued 40,000 na
100 each at a discount of 6% payable as
as 25 on application, 334 on allotment and
25 on application, 34 on a
35 on first and final call. The applications received were for 3
Iinal call. The applications received were for 36,000 shares and all of
these were accepted. All money due were received except the first and final call on 400
shares which were forfeited. Out of forfeited shares 200 were reissued at 90 as ruly
paid. Pass entries in the Cash Book and Journal of the Company and show how these
transactions will be reflected in the Balance Sheet of the Company.
[Ans. Capital Reserve : * 11,000]
mahanintion Prorata forfeiture and Reissue​

Answer 1

Answer:

it is so lengthy

please do it small

......

Answer 2

Answer:

Hi mate ,

Please write question properly......