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Commerce · Q2112

Accounting

Graduate and Post Graduate · Commerce · question 2112

Q2112

If a share of Rs. 10 each on which Rs. 8 has been called and Rs. 6 is paid is forfeited then, the share capital account should be debited with

A.
Rs. 10
B.
Rs. 8
Answer
C.
Rs. 6
D.
Rs. 4

Answer: Option B

Solution

Answer: Option B
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