On an equity share of ₹10, the company has called up ₹8 but ₹6 have been received by the company is forfeited, the share capital account should be debited by what amount?

₹8

The correct answer is option 2- ₹8.

The share capital account in case of forfeiture of shares is debited with the called up value of the share to be forfeited. In this case called up value per share is ₹8. So the share capital account should be debited by ₹8.