Z & Co. forfeited 100 shares of 10 Rs. each for non-payment of final call of 2 Rs. per share. All the forfeited shares were re-issued at 9 Rs. per share. What amount will be transferred to Capital Reserve A/c ?
1. 700 Rs.
2. 800 Rs.
3. 900 Rs.
4. 1,000 Rs.
Posted Date:-2022-10-19 09:10:29