Question

Mr. Hello who was the holder of 4,000 preference shares of Rs. 100 each, on which Rs. 75 per share

has been called up could not pay his dues on Allotment and first call each at Rs. 25 per share. The

Directors forfeited the above shares and reissued 3,000 of such shares to Mr. X at Rs. 65 per share

paid-up as Rs.75 per share. You are required to prepare journal entries to record the above

forfeiture and re-issue in the books of the company.
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Answer 1

Answer:

$77 \times \frac{3000}{55. {4}^{56} } sdf \tan(78 \\ 525 \sqrt[5]{5} )$

Answer 2

Explanation:

I hope your query is solve now