X Ltd. forfeited 60 shares of Rs 10 each issued at a premium of 20% to Mr. Mohan who had applied for 72 shares, for non-payment of allotment money of Rs 5 per share (including premium) and the first and final call of Rs 5 per share. Out of these, 20 shares were re-issued to Krishan, credited as fully paid for Rs 9 per share. Give journal entries to record forfeiture and re-issue of shares assuming that X Ltd. follows the policy of adjusting excess application money towards other sums due on shares.
March 25, 2024
Does the CA syllabus change every year?
March 25, 2024
Hello everyone! I have a doubt
Can I pass CA foundation without any classes? I'm a science student just completed 12th
March 25, 2024
Can anyone give explanation of curves in economics
March 24, 2024
Is anyone having.. new syllabus economics scanner ?
March 24, 2024
Anyone has scanner of law (new edition) ??
March 24, 2024
Hlo kisi ke pass law ka important questions hai kya and plus important topics
March 24, 2024
ANSHUL AGARWAL SIR KA "AAA" BOOK HAI KYA KISIKE PASS? If yes then send please
March 24, 2024
Suggests me some YouTube channel for free of cost for ca foundation ( cpt ) sep attempt
March 23, 2024
Hello friends anyone has ekatvam k darshan khare sir ka partnership Act ka case studies???
March 23, 2024