A limited company forfeited 100 share (fully called-up) for non-payment of Rs. 4 per share. Out of these 50 share were re-issued at Rs. 8 per share. What will be amount transferred to capital reserve
A. Rs. 800
B. Rs. 200
C. Rs. 250
D. Rs. 100
Answer: Option B
This Question Belongs to Commerce >> Accounting
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