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List of top Accountancy Questions on Share Forfeiture
Gokul Ltd. forfeited 1,000 shares of ₹10 each (₹8 called-up) for non-payment of ₹5 allotment (including ₹2 premium). If ₹3,200 was transferred to Capital Reserve after reissuing some shares at ₹7, how many shares were reissued?
ICSE Class XII - 2026
ICSE Class XII
Accountancy
Share Forfeiture