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A Company forfeited 1,000 shares of ₹10 each fully called, on which ₹6,000 has been paid. Out of these 800 shares were reissued upon payment of ₹6,600. What is the amount to be transferred to Capital Reserve?

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A Company forfeited 1,000 shares of ₹10 each fully called, on which ₹6,000 has been paid. Out of these 800 shares were reissued upon payment of ₹6,600. What is the amount to be transferred to Capital Reserve?






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