Issue of shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 June 2014
kirti mehta ltd issue 30000 equity shares of rs 10
application - Rs 5 including premium rs.2
allotment- Rs.4
on call Rs.3
application were recd for 40000 shares,
the pro-rata were made,
Mr. satyan holdings 75 shares failed to pay allotment money
what will be the entry on share forfieture.
application - Rs 5 including premium rs.2
allotment- Rs.4
on call Rs.3
application were recd for 40000 shares,
the pro-rata were made,
Mr. satyan holdings 75 shares failed to pay allotment money
what will be the entry on share forfieture.
07 June 2014
sincerely advise you to refer icai study material or class XII accounts book for such queries.
07 June 2014
pls read the 12 th/B com Ist year standard accounts book for deeply basis of accounting.
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