2. Sample Papers
  3. 12th Class
  4. Accountancy

12th Class Accountancy Sample Paper Accountancy - Sample Paper-8

  • question_answer
    If a share of Rs. 10 on which Rs. 8 is called-up and Rs. 6 is paid is forfeited, state with what amount the share capital account will be debited.

    Answer:

    On forfeiture, share capital is debited with called-up amount i.e. Rs. 8.


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