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On Forfeiture of 500 shares for non-payment of call money, what amount will be credited to Shares Forfeiture Account?

CUET UG 2025 — Accountancy Company Accounts

2025mcqmedium

On Forfeiture of 500 shares for non-payment of call money, what amount will be credited to Shares Forfeiture Account?

Official previous-year question

Held on 15 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Rs. 2500

  2. B

    Rs. 3500

  3. C

    Rs. 4500

  4. D

    Rs. 1500

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