If a share of Rs. 10 on which Rs. 7 has been paid is forfeited, at what minimum price can it be reissued ? Option 1: Rs. 7 Option 2: Rs. 10 Option 3: Rs. 3 Option 4: Rs. 4

The answer is 'Rs. 3'. View full solution:

CUET Accountancy - If a share of Rs. 10 on which Rs. 7 has been paid is forfeited, at what minimum price can it be reissued ? | PYQs + Solutions

CUET Accountancy 2022 23 Aug Shift 2

Company Accounts

Easy

Rs. 7

Rs. 10

Rs. 3

Rs. 4

✅ Correct Option: 3

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