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Accountancy · 2025 · 1 mark

CBSE 2025 · Region 1 · Set 1 · Q12

4,000 shares of ₹ 10 each were forfeited for non-payment of second and final call money of ₹ 2 per share. The minimum amount that the company must…

$\displaystyle 4,000$ shares of ₹ $\displaystyle 10$ each were forfeited for non-payment of second and final call money of ₹ $\displaystyle 2$ per share. The minimum amount that the company must collect at the time of reissue of these shares will be :
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.