Ashoka Limited Company, which had issued equity shares of Rs.20 each at a premium of Rs. 4 per share, forfeited 1,000 shares for non-payment of final…
CUET UG 2025 — Accountancy Company Accounts
Ashoka Limited Company, which had issued equity shares of Rs.20 each at a premium of Rs. 4 per share, forfeited 1,000 shares for non-payment of final call of Rs.2 per share. 400 of the forfeited shares were reissued at Rs.14 per share out of the remaining shares of 200 shares reissued at Rs.20 per share. Balance of Share Forfeiture Account after reissue of shares will be:
Held on 4 Jun 2025 · Verified 13 Jul 2026.
Options
- A
Rs. 4,800
- B
Rs. 8,400
- C
Rs. 7,200
- D
Zero
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