Question
Z Ltd forfeited 150 shares of Rs10, issued at a premium of Rs2, for non-payment of the final call of Rs3. Of these 100 shares
Z Ltd forfeited 150 shares of Rs10, issued at a premium of Rs2, for non-payment of the final call of Rs3. Of these 100 shares were re-issued Rs11 per share. How much is transferred to capital reserve.
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