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On Reissue of 500 forfeited shares as fully paid at Rs. 8 per share, what amount will be debited to Shares Forfeiture Account?

CUET UG 2025 — Accountancy Company Accounts

2025mcqeasy

On Reissue of 500 forfeited shares as fully paid at Rs. 8 per share, what amount will be debited to Shares Forfeiture Account?

Official previous-year question

Held on 15 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Rs. 1,000

  2. B

    Rs. 2,000

  3. C

    Rs. 3,000

  4. D

    Rs. 4,000

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