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A company forfeited 700 shares of 710 each, on which only 75 per share was paid. Of these, 200 shares were reissued at 79 per share. Amount from Share Forfeiture Account to Capital Reserve Account will be transferred :

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A company forfeited 700 shares of 710 each, on which only 75 per share was paid. Of these, 200 shares were reissued at 79 per share. Amount from Share Forfeiture Account to Capital Reserve Account will be transferred :






 
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