MCQOPTIONS
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| 1. |
A company forfeited 2000 shares of Rs. 10 each held by Mr. John for non payment of allotment money of Rs. 4 per share. The called up value per share was Rs. 9 on forfeiture. The amount debited to share capital will be Rs._____? |
| A. | 18,000 |
| B. | 2,000 |
| C. | 8,000 |
| D. | 10,000 |
| Answer» B. 2,000 | |