Solution 21 | Cbse sample paper 2024-25 ‎@sethsaccountancytricks 

Solution 21 | Cbse sample paper 2024-25 ‎@sethsaccountancytricks  A company forfeited certain number of shares of Face Value ₹ 10 each, for non- payment of final call money of ₹ 4. These shares were reissued at a discount of ₹ 5 and amount of ₹ 4500 was transferred to capital Reserve account. Pass the necessary journal entries to show the above transactions and prepare Share forfeited account. #tsgrewalsolutions #accounts #accountancy #commerce #solutionsoftsgrewal #classxii #class12 #issueofshares #forfeitureofshares #reissueofshares #capitalreserve