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Q.85 Solution Accounting for Share Capital TS Grewal Book Class 12 CBSE

Question 85 of 110Chapter 8Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 85, Chapter 8 Accounting for Share Capital (Issue of Shares), TS Grewal Class 12 Accountancy 2024-25 for the CBSE Board.

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Question 85

JCV Ltd., forfeited 200 shares of ₹ 10 each issued at a premium of ₹ 2 per share for the non-payment of allotment money of ₹ 3 per share (including premium). The first and final call of ₹ 4 per share has not been made as yet. 50% of the forfeited shares were reissued at ₹ 8 per share as fully paid-up. Pass necessary Journal entries for the forfeiture and reissue of shares.

TS Grewal Class 12 Issue of Shares Question 85

Solution

Solution of Q 85 Issue of Shares TS Grewal 2024-25 part 1
Solution of Q 85 Issue of Shares TS Grewal 2024-25 part 2
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About this solution

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