Q.68 Solution Accounting for Share Capital TS Grewal Book Class 12 CBSE
Step-by-step solution of Question 68, Chapter 8 Accounting for Share Capital (Issue of Shares), TS Grewal Class 12 Accountancy 2024-25 for the CBSE Board.
Question 68
Star Ltd. forfeited 500 Equity shares of ₹ 100 each for non-payment of first call of ₹ 30 per share. The final call of ₹ 10 per share was not yet made. Out of these, 60% shares were reissued for ₹ 39,000 fully paid. Journalise the forfeiture and reissue of shares.

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About this solution
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