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C Ltd forfeited 300 shares of RS. 10 each, fully called up for non-payment of final call money of Rs.4 per share. These were subsequently

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C Ltd forfeited 300 shares of RS. 10 each, fully called up for non-payment of final call money of Rs.4 per share. These were subsequently reissued by the company for Rs. 12 per share as fully paid up. What amount of Forfeited shares account is to be transferred to capital reserve? Rs. 1400 Rs. 1200 Rs. 1600 Rs. 1800

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