SC SHARMA SOLUTION | QUESTION 40 AND 41 | SHARE FORFEITURE AND RE-ISSUE | BY SHUBHAM BHATT

ISSUE OF SHARE | SC SHARMA | QUESTION 40 AND 41 | SHARE FORFEITURE AND RE-ISSUE | BY SHUBHAM BHATT #shubhamsir #gyankalash #shareforfeiture #scsharmasolution Q-40. Sukanya Ltd. issue 1,00,000 share of 10 each at premium 20 per share. payable 14 on application and allotment ( incliding premium 10), 8 on first call ( including premium 5), 8 on final call ( including premium 5). Application for 96,000 share received. Rohit holding 7,000 share failed to pay both call and Namit holding 5000 share failed to pay final call. All share were forfeited and out of these 8,000 share including whole share of Rohit were re-issued to Reena at 8 rs per share fully paid up. pass journal entry. #issueofshares    • ISSUE OF SHARE | SC SHARMA | QUESTION...   Q-41 Dogra Ltd. issued 84,000 share of 100 each at premium. payable 30 on app, 40 on allotment, 50 on final call. 80,000 application were received. Lakhan holding 200 share did not pay allotment and call money. Paras holding 400 share did not pay call money. Company forfeited all the share and re-issued at 80 per share fully paid up. pass journal entry.    • SHARE | SAHRE FORREITURE | RE-ISSUE O...   THIS CHANNEL HAS BEEN STARTED TO PROVIDE FREE AND QUALITY EDUCATION TO EVERY SPHERE OF STUDENT. CURRENTLY WE ARE FOCUSING ON CBSE 2024. IN THIS REGARD WE ARE PROVIDING FREE VIDEOS AND PDF FOR ALMOST EVERY SUBJECT. --------------------------------------------------------------------------------------------------------------------------------------- WE ARE TEAM PLAYERS AND EVERY KIND OF SUGGESTION WILL BE TREATED WITH UTMOST CARE AND PRIORITY.. WE ARE ON DIFFERENT SOCIAL MEDIA PLATFORMS ALSO SUCH AS TELEGRAM FACEBOOK AND INSTAGRAM ___________________________________________________________________________________ CONTACT US :- MOILE NUMBER- 7905149322, 8737005559, 7398426213, 6391832894 GMAIL:- [email protected]