1.

A company forfeited 2000 shares of Rs. 10 each held by Mr. John for non payment ofallotment money of Rs. 4 per share. The called up value per share was Rs. 9 onforfeiture. The amount debited to share capital will be Rs._____

A. 10,000
B. 8,000
C. 2,000
D. 18,000
Answer» E.


Discussion

No Comment Found