Question

35. z Ltd. forfeited 300 shares of 10 each issued at 20% premium (9 called up) on which 34 of
allotment (including premium) and first call of 2 has not been received. Out of these, 100 shares
were re-issued as fully paid up for 19 per share. What is to amount to be transferred to capital
Reserve?
(2 Points)
400
300
500
600
​

Answer 1

Answer:

400

Explanation:

its the ans i hope its right