Company forfeited 5000 share @10 each for non payment of first call of Rs 3 Final call of Rs 2 not made.Out of them 1200 are reissued at Rs 7,Pass necessary Jornal entries of forfiture and reissue.
Company forfeited 5000 share @10 each for non payment of first call of Rs 3 Final call of Rs 2 not made.Out of them 1200 are reissued at Rs 7,Pass necessary Jornal entries of forfiture and reissue.
Leave a Reply
You must be logged in to post a comment.