Q1298
A limited company forfeited 100 share (fully called-up) for non-payment of Rs. 4 per share. Out of these 50 share were re-issued at Rs. 8 per share. What will be amount transferred to capital reserve
A.
Rs. 800
B.
Rs. 200
AnswerC.
Rs. 250
D.
Rs. 100
Answer: Option B
Solution
Answer: Option B
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