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प्रश्न
A Company forfeited 1,000 shares of ₹ 10 each, ₹ 7 called up for non-payment of first call of ₹ 2 per share. All these shares were reissued at ₹ 5 per share ₹ 7 paid-up. The amount transferred to Capital Reserve Account was:
पर्याय
₹ 2,000
₹ 3,000
₹ 4,000
₹ 5,000
MCQ
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उत्तर
₹ 3,000
Explanation:
| Amount received on 1,000 shares (1,000 × 5) = | ₹ 5,000 |
| Less: Loss on Reissue (1,000 × 2) = | ₹ 2,000 |
| Amount credited to capital Reserve = | ₹ 3,000 |
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