A company forfeited 8,000 shares of ₹10 each on which ₹8 were called (including ₹1 premium) and ₹6 was paid (including ₹1 premium). Out of these 5,000 shares were reissued at maximum possible discount. Pass necessary journal entries.  

Mark-3, CBSE: 2024-25/Sample/Q-19*

Answer :

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