The amount of forfeiture left over after reissue will be Option 1: Rs. 900 Option 2: Rs. 360 Option 3: Rs. 300 Option 4: Rs. 1560

The answer is 'Rs. 900'. View full solution:

CUET Accountancy - The amount of forfeiture left over after reissue will be | PYQs + Solutions

CUET Accountancy 2022 15 July Shift 2

Company Accounts

Hard

Rs. 900

Rs. 360

Rs. 300

Rs. 1560

✅ Correct Option: 1

Related questions:

22 May Shift 2

Arrange the following steps related to the issue of shares in proper sequence.

(A) Allotment of Shares

(B) Receipt of Applications

(D) Share calls

Choose the correct answer from the options given below:

3 June Shift 2

Arrange the following in order with respect to the issue of shares

(A) Application received

(B) Issue of prospectus

(D) Allotment of Shares

(E) Reissue of forfeited shares

Choose the correct answer from the options given below:

24 May Shift 1

Match List-I with List-II

List-I	List-II
(Book/Theory proposed/Characteristic, etc.)	(Author/Thinker/Name of Theory, etc.)
(A) Authorised Capital	(I) Only available to creditors at the time of winding up of a company
(B) Issued Capital	(II) The amount of capital that a company can raise in its life-time
(C) Subscribed Capital	(III) Capital that is issued to the public for subscription
(D) Reserve Capital	(IV) May be equal to or less than issued capital

Choose the correct answer from the options given below: