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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 5 · Set 1 · Q6
Jeeta Ltd. forfeited 300 shares of 100 each for the non-payment? of final call of 2 10 per share. The amount credited to share forfeiture account…
Jeeta Ltd. forfeited $\displaystyle 300$ shares of $\displaystyle 100$ each for the non-payment ? of final call of $\displaystyle 2$ $\displaystyle 10$ per share. The amount credited to share forfeiture account will be :
Meeta Ltd. invited applications for issuing $\displaystyle 30,000$ equity shares of $\displaystyle 2$ $\displaystyle 10$ 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 :
Official answer
(a) → (B)
(b) → (C)
Marking-scheme solution
(B)
₹$\displaystyle 27,000$
OR
Q.(b) Meeta Ltd. invited applications………………………...
Ans. (C) ₹$\displaystyle 700$
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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.