Q.64 Solution Accounting for Share Capital TS Grewal Book Class 12 CBSE
Step-by-step solution of Question 64, Chapter 8 Accounting for Share Capital (Issue of Shares), TS Grewal Class 12 Accountancy 2024-25 for the CBSE Board.
Question 64
The Directors of Maharana Ltd. resolved on 1st May, 2023 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, 2023, 1,800 of these shares were reissued for ₹ 6 per share. Give necessary Journal entries.

Solution


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About this solution
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