The directors of a company forfeited 1,000 equity shares of Rs. 10 each (fully called) on which Rs. 4,00 had been paid. 400 of t

The directors of a company forfeited 1,000 equity shares of Rs. 10 each (fully called) on which Rs. 4,00 had been paid. 400 of these shares were re-issued upon payment of Rs. 3,000. Journalise the transactions of forfeiture and re-issue of shares.

The directors of a company forfeited 1,000 equity shares of Rs. 10 each (fully called) on which Rs. 4,00 had been paid. 400 of these shares were re-is

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