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Commerce · Q1673

Accounting

Graduate and Post Graduate · Commerce · question 1673

Q1673

A share of Rs. 10 issued at 2 ruppes premium on which full amount is called is forfeited due to non-payment of Rs. 4. What will be amount recorded in share capital account

A.
Rs. 12
B.
Rs. 10
Answer
C.
Rs. 8
D.
Rs. 6

Answer: Option B

Solution

Answer: Option B
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