Saved Bookmarks
| 1. |
Orfeiture Entries) A company had allottedshares is 100 and the premium is 20% Application money is 30 including 50% premiumard allotment is 50 (including balance of premium). The rest of face value is called on firstand final call. Maninder had applied for 2,200 shares. His excess application money isretained for allotment. He did pay any amount did not pay any amount after application.Pass forfeiture entry. |
|
Answer» Answer: |
|