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प्रश्न
Super Seal Ltd. issued 1,00,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share. Harleen, who was allotted 2,000 shares did not pay first and final call of ₹ 5 per share. On forfeiture of Harleen's shares, Securities Premium Account will be debited by
विकल्प
₹ 5,000.
₹ 10,000.
₹ 15,000.
₹ Nil.
MCQ
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उत्तर
₹ Nil.
Explanation:
Securities Premium Account is debited on forfeiture only when the premium has not been received. Here, Harleen failed to pay only the first and final call of ₹ 5 per share. Therefore, Securities Premium Account will not be debited.
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