Question

2. 16. R Ltd. forfeited 600 shares of 100 each *70 called up on which Mahesh he paid application and allotment money of 50 per share. Of these, 400 shares were re-issued to Naresh as fully paid-up for 110 per share. What is the ԱՐ) 0 amount to be transferred to Capital Reserve? ​

Answer 1

Answer:

captial reserve= 2000 (3000/600×400)