Q2. Q Ltd. forfeited 300 shares on 10 each, fully called-up for non payment of Final Call
money of Rs. 4 per share. Out of these 200 shares were subsequently reissued by the
company for Rs. 12 per share as fully paid-up. Amount of Forfeited Shares Account
transferred to Capital Reserve is______________________
This question has not been answered yet!
Don't worry! You can check out similar questions with solutions below
- ... not paid call money for rupees 2 Per share. out of these 40 ...
- ... of these, 200 shares were reissued as 8 called up for 6 per ...
- ... company forfeited 200 shares of Rs. 10 each fully called-up ...
- ... Out of these, 15 shares were reissued to Nareshas Rs. 7 per ...
- ... -payment of Final call of Rs. 2.25 per shares . Out of these ...