TRANSACTIONS |
DEBIT |
CREDIT |
Called-up value of shares forfeited |
Ordinary Share account |
Forfeited shares account |
Calls in arrears on forfeited shares |
Forfeited Shares account |
Call account |
Paid-up value of forfeited shares re-issued |
Re-issue of Forfeited Shares Account |
Ordinary Share Capital account |
Amounts received prior to forfeiture of shares |
Forfeited shares account |
Re-issue of Forfeited Shares account |
Moneys received on re-issued shares |
Bank account |
Re-issue of Forfeited Shares account |
Gain on re-issue, being balance in the re-issued of Forfeited Shares Account |
Re-issue of Forfeited Shares account |
Share Premium Account |