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Forefiture of shares

Accountancy

Sir for 6a question I passed entires like j.e for ram shares Equity share capital a/c Dr . 1000 To equity share allotment a/c 200 To equity share first call a/c 300 To equity Share first and final call a/c 400 To forefiture shares 100. Will they give marks for it . Same procedure I followed for others also.

Aditya A.D

CA Foundation

★ 10K+

27-Dec-21 20:08

424

Answers (12)

Call was not made in case of Ram

CA Suraj Lakhotia

Admin

28-Dec-21 00:27

CA Suraj Lakhotia Admin

Call was not made in case of Ram

Yes. He failed to pay allotment so I forfited ram shares

Thread Starter

Aditya A.D

CA Foundation

★ 10K+

28-Dec-21 06:28

Thread Starter

Aditya A.D

Yes. He failed to pay allotment so I forfited ram shares

Sir ram failed to pay the allotment money so I forfited shares which we received of application.

Thread Starter

Aditya A.D

CA Foundation

★ 10K+

28-Dec-21 07:23

But why call credited?

CA Suraj Lakhotia

Admin

28-Dec-21 07:57

CA Suraj Lakhotia Admin

But why call credited?

By mistake I done sir. Will they deduct marks

Thread Starter

Aditya A.D

CA Foundation

★ 10K+

28-Dec-21 10:01

Yes

CA Suraj Lakhotia

Admin

28-Dec-21 11:22

CA Suraj Lakhotia Admin

Yes

Will they cut full Marks for it or 1 mark

Thread Starter

Aditya A.D

CA Foundation

★ 10K+

28-Dec-21 11:31

Onlu for that entry

CA Suraj Lakhotia

Admin

28-Dec-21 11:33

CA Suraj Lakhotia Admin

Onlu for that entry

Okay sir

Thread Starter

Aditya A.D

CA Foundation

★ 10K+

28-Dec-21 12:35

Thread Starter

Aditya A.D

Okay sir

Sir for only call entry they will cut marks right

Thread Starter

Aditya A.D

CA Foundation

★ 10K+

28-Dec-21 12:36

For this entry you will not get marks

CA Suraj Lakhotia

Admin

28-Dec-21 16:29

CA Suraj Lakhotia Admin

For this entry you will not get marks

Okay sir.

Thread Starter

Aditya A.D

CA Foundation

★ 10K+

28-Dec-21 16:55