CUET Accountancy - Ashoka Limited Company, which had issued equity shares of Rs.20 each at a premium of Rs. 4 per share, forfeited 1,000 shares for non-payment of final call of Rs.2 per share. 400 of the forfeited shares were reissued at Rs.14 per share out of the remaining shares of 200 shares reissued at Rs.20 per share. Balance of Share Forfeiture Account after reissue of shares will be: | PYQs + Solutions

CUET Accountancy 2025 4 June Shift 2

Company Accounts

Medium

common

Rs. 4,800

Rs. 8,400

Rs. 7,200

Zero

✅ Correct Option: 3

Related questions:

14 May Shift 2

Which of the following is called Registered capital of a company?

26 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Restricts the right to transfer its shares	(I) OPC
(B) A company which is a subsidiary of a public company	(II) Private Company
(C) A company which has only one person as a member	(III) Perpetual Succession
(D) Members may come and go but the company continues	(IV) Public Company

Choose the correct answer from the options given below:

31 May Shift 1

As a general rule, a company cannot ordinarily issue shares at ..................?

CUET Accountancy 2025 4 June Shift 2 PYQs