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Gopal was holding 100 shares of Rs.10 each of a company on which he had paid Rs..3 on application ad Rs.2 on allotment,but could not
Gopal was holding 100 shares of Rs.10 each of a company on which he had paid Rs..3 on application ad Rs.2 on allotment,but could not pay Rs.2 on the first call. If the shares of Gopal are forfeited by the Directors,the entry for the forfeiture of shares will be? Rs. is INDIAN CURRENCY. Please Give me its entry with Rs. only . It would help me better ! Thanks
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