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A Ltd. forfeited 2,000 shares of ₹10 each fully called up for non-payment of final call of ₹2 per share. 1,200 of these shares were reissued at 7₹7 per share, fully paid up. What is the amount to be transferred to Capital Reserve Account?

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A Ltd. forfeited 2,000 shares of ₹10 each fully called up for non-payment of final call of ₹2 per share. 1,200 of these shares were reissued at 7₹7 per share, fully paid up. What is the amount to be transferred to Capital Reserve Account?






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