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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 6 · Set 1 · Q13
Java Ltd. forfeited 600 equity shares of f 100 each T 80 called up for the non-payment of first call of 20 per share. These shares were reissued at…
Java Ltd. forfeited $\displaystyle 600$ equity shares of f $\displaystyle 100$ each T $\displaystyle 80$ called up for the non-payment of first call of $\displaystyle 20$ per share. These shares were reissued at $\displaystyle 90$ per share fully paid up. The amount transferred to 'Capital Reserve' will be :
Official answer
(B)
₹ $\displaystyle 30,000$
Marking-scheme solution
(B)
₹$\displaystyle 30,000$
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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.