Question

• XYZ CO.Ltd. Forfeited 10 shares of
Rs. 10 each Rs.7 called up and Rs. 5
paid up on application. The amount to
be forfeited is​

Answer 1

Answer:

₹ 50

Step-by-step explanation:

If XYZ Co. Ltd. forfeited 10 shares of Rs.10 each Rs.7 called up, Rs.5 paid on application, the amount to be forfeited is Rupees fifty.