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प्रश्न
Xyle Ltd. forfeited 700 shares of ₹ 10 each issued at a premium of 10% for non-payment of allotment money of ₹ 5 per share (including premium) and first and final call of ₹ 3 per share. On forfeiture of these shares, 'Share Forfeiture Account' will be credited with
विकल्प
₹ 7,000.
₹ 1,400.
₹ 4,900.
₹ 2,100.
MCQ
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उत्तर
₹ 2,100.
Explanation:
Allotment of ₹ 5 includes premium of ₹ 1, so unpaid share capital on allotment = ₹ 4. First and final call unpaid = ₹ 3. Thus, amount received towards share capital per share:
₹ 10 − (₹ 4 + ₹ 3) = ₹ 3
Therefore:
700 × ₹ 3 = ₹ 2,100
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