800 shares of ₹10 each issued at 30% premium (to be paid on allotment) were forfeited for non-payment of ₹2 per share on first call and 72 per share on final call. Share Forfeiture Account will be credited with :

🎲 Try a Random Question  |  Total Questions in Quiz: 117  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
MCQs for Issue of Shares — practice the complete quiz, review flashcards, or try a random question.


800 shares of ₹10 each issued at 30% premium (to be paid on allotment) were forfeited for non-payment of ₹2 per share on first call and 72 per share on final call. Share Forfeiture Account will be credited with :