please solve this !!!
b ltd invited applications for 5000 shares at a premium of 2 each ..
on application -5 (including premium )
on allotmernt -4
on final call -3
allotment was made on pro -rata basis to the applicants of 6000 shares . mr .c to whom 60 shares werealloted failed to pay allotment money and call money .. mr .d the holder of 100 shares failed to pay call money
the shares 160 were forfieted
the amount to be creditted to share allotment account ??
the amount to be creditted to forfieted shares a/c ??
CAclubindia
