SolveItNCERT · CBSE Boards
✓ Board-verified
Accountancy · 2025 · 1 mark

CBSE 2025 · Region 6 · Set 3 · Q11

Java Ltd. forfeited $\displaystyle 600$ equity shares of $\displaystyle 100$ each $\displaystyle 80$ called up for the non-payment of first call of T $\displaystyle 20$ per share. These shares were reissued at $\displaystyle 90$ per share fully pa id up. The amount transferred to 'Capital Reserve' will be :

More from Accounting for Share Capital

CBSE Class 12 Accountancy past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.

Java Ltd. forfeited 600 equity shares of 100 each 80 called up… — CBSE Class 12 Accountancy 2025 | SolveIt