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Y Ltd. forfeited 300 shares of Rs.10/- each for non-payment of allotment money of Rs.4/-first call and second call of Rs.2/- each. All the

Y Ltd. forfeited 300 shares of Rs.10/- each for non-payment of allotment money of Rs.4/-first call and second call of Rs.2/- each. All the shares were re-issued @ Rs.10 paid up. Calculate the amount transferred to capital reserve.

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