12th Class
Accountancy
Accounting For Share Capital
Question Bank
MCQs - Accounting for Share Capital
question_answer
X Ltd. forfeited 1000 shares of Rs.10 each fully called up, for non-payment of final call of Rs.2 per share. 800 of these shares were reissued in such a way that amount transferable to capital reserve will be 6400. Reissue Price of these share will be: