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Prayuj Ltd. forfeited 2,000 shares of Rs...

Prayuj Ltd. forfeited 2,000 shares of Rs. 10 each, fully called up, on which they had received only Rs. 14,000.50 of the forfeited shares were reissued for RS. 9 per share fully paid up. Pass necessary journal entries for foreiture and re-issue of shares. Also prepare share forfeited account.

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Amount transferred to Capital Reserve Rs. 300.
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DK GOEL-COMPANY ACCOUNTS - ISSUE OF SHARES -PRACTICAL QUESTIONS
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  13. SK Ltd. Invited applications for issuing 3,20,00 equity shares of Rs. ...

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  14. Modern Ltd. issued a prospectus inviting applications for 2,00,000 sha...

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  15. X Ltd. invited applied for issuing 75,000 equity shares of Rs. 10 each...

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  16. A limited company forfeited 400 shares of Mr. X, who had applied for 6...

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  17. X Ltd. forfeited 1,500 shares of Rs. 10 each (originally issued at a p...

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  18. AB Ltd. invited applications for issuing 1,00,000 equity shares of Rs....

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  19. X Ltd. invited applications for 4,00,000 shares of Rs. 10 each. The sh...

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  20. Meena Ltd. issued 30,000 shares of Rs. 10 each at a premium of Rs. 2 p...

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