CUET Preparation Today
A share of Rs. 100 issued at Rs. 110 on which Rs. 70 (including premium) has been received is forfeited. What is the amount per share that will be transferred to capital reserve if share is reissued at Rs. 70 fully paid-up? |
Rs. 10 Rs. 20 Rs. 30 Rs. 40 |
Rs. 30 |
The correct answer is Option (3) → Rs. 30 |
