Determine the amount to be transferred to Capital Reserve on reissue of Rahul's Shares Option 1: Rs.7,800 Option 2: Rs.6,000 Option 3: Rs.1,800 Option 4: Nil

The answer is 'Nil'. View full solution:

CUET Accountancy - Determine the amount to be transferred to Capital Reserve on reissue of Rahul's Shares | PYQs + Solutions

CUET Accountancy 2023 20 June Shift 2

Company Accounts

Hard

Rs.7,800

Rs.6,000

Rs.1,800

Nil

✅ Correct Option: 4

Related questions:

3 June Shift 1

Shares can be forfeited :

28 May Shift 1

Match List - I with List - II.

List - I	List - II
(A) Over Subscription	(I) Minimum amount that must be raised by issue of shares
(B) Minimum subscription	(II) Application received is more than shares issued
(C) Under Subscription	(III) Allotment of shares without issue of prospectus
(D) Private Placement	(IV) Application received is less than shares issued

Choose the correct answer from the options given below :

14 May Shift 1

Allotment money received in advanced alongwith application is _______________