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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 4 · Set 2 · Q9
Chavi Ltd. forfeited $\displaystyle 5,000$ equity shares of ₹ $\displaystyle 10$ each issued at a premium of ₹ $\displaystyle 5$ per share for non - payment of first and final call of ₹ $\displaystyle 4$ per share. On forfeiture, 'Share Forfeiture Account' will be credited by :
Official answer
From CBSE’s own marking scheme for this paper.
(B)
₹ $\displaystyle 30,000$
Marking-scheme solution
(b)
₹$\displaystyle 30,000$
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CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.