Vidyalelo
Commerce · Q994

Accounting

Graduate and Post Graduate · Commerce · question 994

Q994

Ram has 50 shares of Rs. 100 each on which Rs. 80 per share have been received. Due to non payment of final call these shares were forfeited so in this case share forfeiture account will be cridited by

A.
Rs. 5,000
B.
Rs. 4,000
Answer
C.
Rs. 2,000
D.
None of the above

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board