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Vidushi Soni

· started a discussion

· 1 Months ago

Solutions (Question:337605.0)

Please provide the detailed solutions.

Question:

A company forfeited 2,000 shares of Rs.10 each (which were issued at par) held by Mr. X for non-payment of first & final call money of Rs.4 per share. The called-up value per share was Rs.9. On forfeiture, the amount debited to share capital will be

Options:
A)

Rs.10,000 

B)

Rs.8,000

C)

Rs.20,000 

D)

Rs.18,000

Solution:

Ans: (d)

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