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Forfeiture of Share Notes 6 (Remaning) by hamdyosamaplasma is a document available to read on EtoBox.

What is Forfeiture of Share Notes 6 (Remaning) about?

The document discusses the forfeiture of shares issued at a premium, detailing the accounting treatment for both paid and unpaid securities premium amounts. It includes a practical illustration involving share allotment and the calculation of calls in arrears for two shareholders, Animesh and Hitesh, who failed to pay their dues. The document also provides necessary journal entries for the forfeiture process and calculations related to share capital and securities premium accounts.

Author

hamdyosamaplasma

Language

EN