CBSE 2025 · Region 5 · Set 3 · Q12

Jeeta Ltd. forfeited $\displaystyle 300$ shares of $\displaystyle 100$ each for the non-payment $\displaystyle 3$ of final call of $\displaystyle 2$ $\displaystyle 10$ per share. The amount credited to share forfeiture account will be :

OR

Meeta Ltd. invited applications for issuing $\displaystyle 30,000$ equity shares of ₹ $\displaystyle 10$ each. Applications for $\displaystyle 29,500$ shares were received. Allotment was made in full. A shareholder holding $\displaystyle 100$ shares failed to pay the first call of $\displaystyle 2$ per share. His shares were forfeited. The second $\displaystyle 2$ call of $\displaystyle 3$ per share was not yet made. The amount debited to $\displaystyle 2$ share capital account, on the forfeiture of shares will be :