Question 139
Accountancy
2022
Medium
MCQ
+5.00 marks · -1.00 negative
Y Ltd. forfeited 400 shares of ₹ 10 each, ₹7 called-up, for non-payment of first call of ₹ 2 per share. Out of these, 300 shares were reissued for ₹ 6 per share as ₹7 paid-up. What is amount to be transferred to Capital Reserve?
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