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A Limited Company forfeited 100 Equity Shares of the face value of ₹ 10 each, ₹ 6 per share called-up, for non-payment of first call of ₹ 2 per share. The forfeited shares were subsequently reissued as fully paid-up @ ₹ 7 each. Give necessary entries in the company’s journal.

Answer» TE YOUR ANSWER ISA LIMITED Company FORFEITED 100 Equity Shares of the face value of ₹ 10 each, ₹ 6 per share called-up, for non-payment of first call of ₹ 2 per share. The forfeited shares were subsequently reissued as FULLY paid-up @ ₹ 7 each.Give necessary entries in the company’s journalHOPE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️


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