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A share of Rs.100 issued at a premium of Rs.10 on which Rs.80 (including premium) was called and Rs.60 (including premium) was paid, has been forfeited. This share was afterwards reissued as fully paid-up for Rs.70. Give Journal entries to record the above.

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Journal Entries

by (10 points) 1 flag
HOW DID U GET THE VALUE 100 IN THE SECOND ENTRY.

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