Qn.13. Shreya Ltd. Company invited applications for 20,000 shares of Rs.100 each at a Premium of Rs. 5 per share The amount was payable as under:
Rs.
On Application
25;
On Allotment
50; (including premium); and
Balance on call
The public applied for 18,000 shares and these were allotted. All money due was received with the exception of
allotment and call moneys on 300 shares. These shares were forfeited afterwards 200 of these shares were re-issued
as fully paid for a payment of Rs.75 per share. Journalise the transactions in the books of the company.
answer needed fast with journal entries and other works

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