Accountancy, asked by devil4102, 4 months ago

Manan holds 25 equity shares of 10 each of which he paid 2 on application,but fails to pay allotment money 3 and first call of 2 director forfeits his shares after first call . Pass journal entries related to forfeiture of shares

Answers

Answered by sragsdale3863
3

Answer:35

Explanation:

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Answered by factshocking14
2

Explanation:-

Share capital A/C Dr. 175

To share forfeited A/c 50

To calls in arrears A/C 125

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