Read the following information about the company and answer the following question.
Subscribed and fully paid-up capital is 35,500 equity shares of ₹100 each.
Subscribed but not fully paid-up capital is 500 equity shares of ₹100 each fully called up on which ₹20 is unpaid.
Out of 500 shares, 200 shares are forfeited.

How much amount will be written in calls in arrears account?

₹6,000

The correct answer is option 3- ₹6,000.

Call is not received on 500 shares.
Out of these 500 shares, 200 shares were forfeited.
So, remaining shares = 500-200
                                  = 300
On 300 amount is calls in arrears.
Hence, amount will be 300 x 20
                                  = ₹6,000