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H Ltd forfeited 500 shares of …

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H Ltd forfeited 500 shares of Rs 100 each issued at 40% premium(Rs 70 called up) on which application & allotment of Rs 80 each (including premium) has been received. Out of these, 200 shares were issued for Rs 65 per share( Rs 70 paid up). What is the amount to be transferred to Capital Reserve?

Posted by Maansee Soni 3 years, 6 months ago

CBSE > Class 12 > Accountancy

1 answers

Shreyansh Jain 3 years, 6 months ago

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