On the basis of Question No. 13, calculate the amount of gain transferred to capital Reserve after reissue of forfeited shares.

CS Executive · Corporate and Management Accounting · PYQS · December 2024
On the basis of Question No. 13, calculate the amount of gain transferred to capital Reserve after reissue of forfeited shares.
(A) ₹ 1,500
(B) ₹ 2,000
(C) ₹ 3,000
(D) ₹ 5,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Share Capital

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