Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1 Oct Dr Paid-up capital - forfeit ordinary shares 5000 Dr Proceeds of sale of forfeit ordinary share 2000 Cr Paid-up capital- ordinary share 7000
1 Oct Dr Paid-up capital - forfeit ordinary shares 5000
Dr Proceeds of sale of forfeit ordinary share 2000
Cr Paid-up capital- ordinary share 7000
Question: how to get 2000 about proceeds of sale of forfeit ordinary share???
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started