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If a share of ₹ 10 on which ₹ 8 has been called and ₹ 6 has been paid is forfeited, the Share Capital Account should be debited with: -

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Question

If a share of ₹ 10 on which ₹ 8 has been called and ₹ 6 has been paid is forfeited, the Share Capital Account should be debited with:

Options

  • ₹ 8

  • ₹ 10

  • ₹ 6

  • ₹ 2

MCQ

Solution

₹ 8

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