Advertisements
Advertisements
Question
Z and Co. forfeited 100 shares of ₹ 10 each for non-payment of the final call of ₹ 2 per share. All the forfeited shares were re-issued at ₹ 9 per share. What amount will be transferred to Capital Reserve A/c?
Options
₹ 700
₹ 800
₹ 900
₹ 1,000
MCQ
Solution
₹ 700
shaalaa.com
Is there an error in this question or solution?
