Question

A Ltd. issued 10000 shares of Rs. 10 each. A shareholder, who holds 500 shares, paid only Rs 5. Later on his shares were forfeited. Out of forfeited Shares 400 shares re-issued for Rs. 7 /- per share. Amount transferred to capital reserve will be: a) Rs. 800 b) Rs. 1000 c) Rs. 2800 d) Rs 2000

Answer 1

d) 2000 i think that's the correct answer