Question

money Ltd forfeited 2000 shares of rs10 each fully called up for non payment of first call of rs2 and final call of rs2 per share .500 of these shares were reissued at rs7.50 per share.what amount goes to capital reserve and what will be the net balance in forfeited account​

Answer 1

n(n+1)(n+2)= (6q+3)(6q+4)(6q+5)

⇒ n(n+1)(n+2)= 6[(2q+1)(3q+2)(6q+5)]

⇒ n(n+1)(n+2)= 6m, which is divisible by 6. [m= (2q+1)(3q+2)