12th Class
Accountancy
Accounting For Share Capital
Question Bank
Case Based - Accounting for Share Capital
question_answer
You are required to answer the following questions 22 to 26: Vinod Ltd. forfeited 2,000 equity shares of Rs.100 each for the non-payment of first call Rs.20 per share and second and final call of Rs.25 per share. These all forfeited shares can be reissued at par or premium: