Aptech Ltd. Forfeited 300 shares of Re. 10 each , on which first call of Re. 3 per share was not received, the second and final call of Rs. 2 per share has not yet been called. Out of these 75 shares were reissued to G as Rs. 8 paid up for each share. Journalize.
Aptech Ltd. Forfeited 300 shares of Re. 10 each , on which first call of Re. 3 per share was not received, the second and final call of Rs. 2 per share has not yet been called. Out of these 75 shares were reissued to G as Rs. 8 paid up for each share. Journalize.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Aptech Ltd. Forfeited 300 shares of Re. 10 each , on which first call of Re. 3 per share was not received, the second and final call of Rs. 2 per share has not yet been called. Out of these 75 shares were reissued to G as Rs. 8 paid up for each share. Journalize.
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