500 shares of Rs. 10 each, issued at a premium of Rs. 1 on which Rs. 8 (inclu
Channel: Doubtnut
Date: 2020-04-26

500 shares of Rs. 10 each, issued at a premium of Rs. 1 on which Rs. 8 (including premium) was called and Rs. 6 (including premium) was paid, have been forfeited. 400 of these shares were re-issued as fully paid in such a way that Rs. 800 were transferred to capital reserve. Journalise.