A company forfeited 3,000 shares of ₹10 each, on which only ₹5 per share (including ₹1 premium) hasbeen paid. Out of these few shares were re-issued at a discount of ₹1 per share were and ₹6,000 weretransferred to Capital Reserve. How many shares were re-issued?a) 3,000 sharesb) 1,000 sharesc) 2,000 sharesd) 1,500 shares

If 10,000 shares of ₹10 each were forfeited for non-payment of final call money of ₹3 per share andonly 7,000 of these shares were re-issued @₹ 11 per share as fully paid up, then what is the minimumamount that company must collect at the time of re-issue of the remaining 3,000 shares?a) ₹ 21,000b) ₹ 9,000c) ₹ 16,000d) ₹ 30,000

13. Mayfair Ltd. forfeited 2,000 shares of Rs.10 each, Rs.7 called up, on which only Rs. 4 pershare (including Rs.2 premium) and Rs.2 per share on first call has not been paid. Out of these500 shares were re-issued as fully paid that Rs. 750 was transferred to Capital Reserve. On re-issue, how much amount will be transferred to Bank A/c?(a) Rs. 3,250(b) Rs. 4,250(c) Rs. 2,250(d) Rs. 5,500

Select the correct answerIf the money was put in for the same duration of time by A, B and C, three business partners and four times A’s capital is equal to 6 times B’s capital is equal to 10 times C’s capital. Determine that out of a total profit of Rs 4650 what is C’s share?Options900200700None of these

Select the correct answerA and B entered into partnership with capitals in the ratio 4:5. After 3 months, A withdrew 14 of his capital and B withdrew 15 of his capital. At the end of 10 months, the gain was Rs.7,600. What is A′s share in the profit?Options3,3003,1004,300

Co. Ltd. issucd 15,000 shares of 100 each at a discount of 20 pershare payable as follows20 on Application50 on Allotment (including discount)30 on Call.Application were received for 18,000 shares, excess application money wererefundedA shareholder holding 1,000 shares did not pay call money. His shares wereforfeited after call. Out of these 600 shares were re-issued to Mr. Roy