If 500 shares of 10 issued at a premium of 1 on which 9 (including premium) have beencalled and 7 including premium have been paid are forfeited, the forfeiture account should be credited by :

If 500 shares of 10 issued at a premium of 1 on which 9 (including pre

1.	If 500 shares of 10 issued at a premium of 1 on which 9 (including premium) have beencalled and 7 including premium have been paid are forfeited, the forfeiture account should be credited by :
A.	3,000
B.	3,500
C.	4,000
D.	4,500
Answer» B. 3,500