Question

If 400 shares of ₹ 100 issued at a premium of ₹ 30 on which the full amount has been

called and ₹ 80 (including premium) have been received are forfeited, the Share

Forfeiture Account should be credited with:

(a) ₹ 20,000 (b) ₹ 25,000
(c) ₹ 28,000 (d) ₹ 12,000

Answer 1

Answer:

like me the answer is 300 because 30 ×10 =300

Explanation:

made it logical