A company forfeits 200 shares of Rs. 10 each on which Rs. 600 had been received. It can allow a maximum discount of Rs. 600 on their reissue. Assuming that the company reissues these shares for Rs. 1,800 as fully paid up. What will be the journal entry for the treatment of remaining forfeited amount after adjustment of discount ?

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Share Forfeiture A/c Dr.		400
	To Capital Reserve A/c			400

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Capital Reserve A/c Dr.		400
	To Share Forfeiture A/c			400

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Share Forfeiture A/c Dr.		200
	To Capital Reserve A/c			200

Date	Particulars	L.F.	Dr. Amount	Cr. Amount
	Capital Reserve A/c Dr.		200
	To Share Forfeiture A/c			200

Consider the given statements below related to issue of shares and select the correct statements:

(A) The profit on the reissue of forfeited shares is not transferred to the General Reserve.

(B) Paid up capital is that portion of the called up capital which has actually been received from the shareholders.

(C) Shares can be forfeited for failure to repay the loan to the bank.

(D) Calls in Arrears are shown on the Assets side of the balance sheet.

Choose a pair of correct statements from the given options below.

Determine the amount to be transferred to Capital Reserve on reissue of Rahul's Shares

R Ltd purchased a building from X Infra for Rs 6,00,000 and the payment is to be made by the issue of shares for Rs 100 each at a premium of 20%. Calculate the number of shares to be issued.

Identify the amount by which bank account would be debited/credited on refund of rejected applications

The profit on the reissue of forfeited shares is transferred to

Sec. 2 (62) of the companies Act, 2013, defines OPC as a "company which has only one person as a member". Rule 3 of the Companies (Incorporation) Rules, 2014 provides that: