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The Directors of M Ltd resolved on 1st May, 2015 that 2,000 Equity Shares of ₹ 10 each, ₹ 7.50 paid be forfeited for non-payment of final call of ₹ 2.50. On 10th June, 2015, ₹ 1,800 of these shares were reissued for ₹ 6 per share. Give necessary Journal entries. |
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Answer» TE YOUR ANSWER ISTHE Directors of M Ltd resolved on 1st May, 2015 that 2,000 Equity Shares of ₹ 10 each, ₹ 7.50 paid be forfeited for non-payment of final call of ₹ 2.50. On 10th JUNE, 2015, ₹ 1,800 of these shares were REISSUED for ₹ 6 per share. Give necessary Journal entries.Hope this HELPS ❤️please mark as brainliest ❤️ |
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