[ISC] Q. 62 Accounting for Share Capital Solution TS Grewal Class 12 (2023-24)
Solution to Question number 62 of the Accounting for Share Capital chapter of TS Grewal Book 2023-24 Edition ISC Board?
VT Ltd. forfeited 200 shares of ₹ 10 each, issued at a premium of ₹ 5 per share, held by Mohan for non-payment of the final call of ₹ 3 per share. 100 out of these shares were reissued to Narender at ₹ 12 per share. Pass Journal entries and prepare Forfeited Shares Account.
Solution:-
Let’s Practice
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