Question

the directors of a company forfeited hundred equity shares of 10 rupees is fully called up on which 400 Rupees has been paid 40 of the shares were issued upon payment of 300 journalise the transaction of four feature and issue of shares ​

Answer 1

Answer:

Explanation:

Share Alitalia account 400₹

To Forfeited shares account 300₹

To share calls account 100₹

If hundred is balancing amount. Question isn’t unclear. Post a screen shot if possible please.