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
AnswerC.
Rs. 2,000
D.
None of the above
Answer: Option B
Solution
Answer: Option B
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