A Ltd. Reissued 2,000 shares which were forfeited by crediting Share Forfeiture account by ₹3,000. These shares were reissued at ₹9 Per share. The face value of share is ₹10. The amount debited to Share Forfeiture on reissue of shares will be:

₹2,000

The correct answer is option 2- ₹2,000.

The journal entry for forfeiture is -
Share Capital A/c Dr. 20,000
    To Share calls A/c              17,000
    To Share Forfeiture A/c      3,000

The journal entry for reissue is -
Bank A/c Dr.                   18,000 (2,000 x 9)
Share forfeiture A/c Dr.  2000    (2,000 x 1)
       To Share Capital A/c               20,000 (2,000 x 10) 
(Being forfeited shares re-issued @9 per share)

Share forfeiture balance is used for shares issued at discount. And after that remaining balance will be transferred to capital reserve. So, here 2,000 is used at the time of reissue.