=+ (d) to utilise excess application money in part payment of allotment money. One applicant to whom

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(d) to utilise excess application money in part payment of allotment money.

One applicant to whom shares had been allotted in full did not pay the amount due on call and his 200 shares were forfeited. The shares were re-issued on 31st October, at 18s.

Show the Journal and Cash Book entries necessary to record the foregoing.

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Accounting Principles And Practice

ISBN: 9781483169354

1st Edition

Authors: S. Hall, N. Skene Smith

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Question Posted: Sep 02, 2024 04:00 AM

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=+ (d) to utilise excess application money in part payment of allotment money. One applicant to whom

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Accounting Principles And Practice

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