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A/C). ?) 4. Sinjini Ltd issued 5000 equity share of 10 each at a premium of 20%, payable Rs. 2 on application, Rs. 4 on
A/C). ?) 4. Sinjini Ltd issued 5000 equity share of 10 each at a premium of 20%, payable Rs. 2 on application, Rs. 4 on allotment (including premium) and balance on two equal calls. Anasuya holding 200 shares paid only application Money and Shreya holding 300 shares could not pay the calls money. The company forfeited all those shares and then reissued @ Rs. 9 each to Piyali. Show the journal entries regarding forfeiture and reissue. Orat ngsa
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