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X Ltd forfeited 20 shares of Rs 10 each on which...

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Accounting
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X Ltd. forfeited 20 shares of Rs. 10 each on which Rs. 6 per share was paid. If out of these, 8 shares were reissued to Hari as fully paid on payment of Rs. 5.50 per share what would be the amount to the credit of share forfeited A/c:

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Correct Answer: Option B
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