12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    Nyra Ltd. forfeited 500 shares of Rs.10 each. Out of these forfeited shares 250 were reissued at Rs.3,000. Calculate the Reissue price per share.

    A) Rs.12

    B) Rs.6

    C) Rs.10 

    D) Rs.25

    Correct Answer: A

    Solution :

    Rs.12


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