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प्रश्न
Mars Ltd. forfeited 50 shares of ₹ 100 each issued at 10% premium on which allotment money of ₹ 30 per share (including premium) and first call of ₹ 30 per share were not received and the second and final call of ₹ 20 per share was not yet called. 20 of these shares were reissued as ₹ 80 paid-up for ₹ 70 per share. On reissue, the Forfeited Shares Account will be
पर्याय
Debited with ₹ 500.
Credited with ₹ 400.
Debited with ₹ 200.
Credited with ₹ 500.
MCQ
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उत्तर
Debited with ₹ 200.
Explanation:
20 shares were reissued as ₹ 80 paid-up for ₹ 70 per share. Thus, discount on reissue is ₹ 10 per share.
20 × ₹ 10 = ₹ 200
Therefore, Forfeited Shares A/c is debited by ₹ 200.
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