Accountancy, asked by gwynethlyngdoh, 9 months ago

Y LTD forfeited 90 shares of rupees 10 each rupees 8 called up issued at a premium of rupees 2 per share to R for non payment of allotment money of rupees 5 per share ( including premium ). Out of these, 80 shares were reissued to Sanjay ( as rupees 8 called up for rupees 10 per share ).
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Answered by shreyatiwari1jan2009
3

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