A)
Bank A/c
Dr.
1200
Share forfeiture A/c
Dr.
300
To Equity share capital A/c
1500
B)
Bank A/c
Dr.
1200
Discount A/c
Dr.
300
To Equity share capital A/c
1500
C)
Bank A/c
Dr.
1200
To Equity share capital A/c
1200
D)
Bank A/c
Dr.
1500
To Equity share capital A/c
1500
Correct Answer: A
Solution :
Bank A/c | Dr. | 1200 | |
Share forfeiture A/c | Dr. | 300 | |
To Equity share capital A/c | 1500 |
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