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The directors of a company forfeited 1,0...

The directors of a company forfeited 1,000 equity shares of Rs. 10 each (fully called) on which Rs. 4,00 had been paid. 400 of these shares were re-issued upon payment of Rs. 3,000. Journalise the transactions of forfeiture and re-issue of shares.

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DK GOEL-COMPANY ACCOUNTS - ISSUE OF SHARES -ADDITIONAL QUESTIONS (For Practice)
  1. A Company invited applications for 50,000 equity shares of Rs. 10 each...

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  2. Narmada Limited was registered with an Authorised Capital of Rs. 5,00,...

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  3. The directors of a company forfeited 1,000 equity shares of Rs. 10 eac...

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  4. (A) Virender Limited forfeited 400 shares of Rs. 100 each (Rs. 60 call...

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  5. Y Ltd. invited applications for issuing 15,000 equity shares of Rs. 10...

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  6. XYZ Limited has an aAuthorised Capital of Rs. 4,00,000 divided into sh...

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  7. The Mohan Ltd., has authorised capital of Rs. 5,00,000 divided into 50...

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  8. A Ltd. forfeited 800 shares of Rs. 10 each issued at 20% premium (to b...

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  9. B Ltd. forfeited 500 shares of Rs. 10 each issued at 20% premium (to b...

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  10. C Ltd. forfeited 300 shares of Rs. 10 each issued at 20% premium (to b...

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  11. X Ltd. forfeited 800 shares of Rs. 20 each issued at a premium of Rs. ...

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  12. X Ltd., forfeited 1,000 shares of Rs. 20 each issued at a premium of R...

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  13. X Limited forfeited 1,000 shares of Rs. 10 each (Rs. 8 called-up) issu...

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  14. Y Ltd. forfeited 100 shares of Rs. 10 each issued at 20 premium (to be...

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  15. Y Ltd. foreited 2,000 shares of Rs. 10 each issued at 20% premium (to ...

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  16. Z Ltd., forfeited 1,200 shares of Rs. 100 each, issued at a premium of...

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  17. Z Ltd. forfeited 700 shares of Rs. 100 each, issued at a premium of 30...

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  18. 500 shares of Rs. 10 each, issued at a premium of Rs. 1 on which Rs. 8...

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  19. Raja Ltd., forfeited 400 shares of Rs. 25 each (Rs. 20 called up) held...

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  20. On April 1,2018 the Directors of Ashoka Methals Ltd., issued 60,000 eq...

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