A share of Rs. 10 is issue with Rs. 1 premium, on which Rs. 9 (including premium) is called-up and Rs. 7 (including premium) is paid up is forfeited. Share capital account will be debited by
A. Rs. 8
B. Rs. 9
C. Rs. 7
D. Rs. 10
Answer: Option A
This Question Belongs to Commerce >> Accounting
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