What will be the capital reserve ?

Dear Student,

AS YOU ARE ASKING ABOUT THE AMOUNT OF CAPITAL RESERVE ONLY, BUT IN THIS QUESTION BALANCE OF SHARE FORFEITURE WILL NOT BE TRANSFERRED TO CAPITAL RESERVE, AS FORFEITED SHARES ARE NOT REISSUED. THEREFORE ENTRY RELATED TO SHARE FORFEITURE IS PASSED ONLY, WHICH WILL CLARIFY ITS COMPUTATION:

Regards.

 

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