1.

Alok Limited forfeited 300 shares of Rs. 10 each fully called up held by Ram for non-payment of allotment money of Rs. 3 per share and final call money of Rs. 4 per share. Out of these shares 250 were reissued to Sham. for a total payment of Rs. 2,000. Give journal entries for forfeiture and reissue.

Answer»

TE YOUR ANSWER ISallotment MONEY of Rs. 3 per share and final call money of Rs. 4 per share. Out of these shares 250 were reissuedHOPE THIS HELPS ❤️PLEASE MARK AS BRAINLIEST ❤️❤️



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