Out of subscribed Capital of the Company, 200 Equity Shares of ₹100 each were forfeited for non-payment of the Final Call of ₹30 per share. Out of these, 150 shares were reissued at ₹60 per share. The amount to be transferred to Capital Reserve will be:

₹4,500

The correct answer is option 2- ₹4,500.

Amount in the share forfeiture account = 200 X 70
                                                             = ₹14,000

150 shares reissued at ₹60 means ₹40 is given discount.
Discount = 150 X 40
              = ₹6,000

Amount related to 150 shares = 14,000 x 150/200
                                                = ₹10,500

Amount transferred to capital reserve = 10,500 - 6,000
                                                            = ₹4,500