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A company on non-receipt of First Call money of Rs.2 per share and Final Call money of Rs.3 per share from Rahul, debited Call-in-Arrears account by Rs. 2,000 and Rs.3,000 respectively. After due notice 1,000 shares of Rs.10 each were forfeited from Rahul. The amount to be credited to First Call Account at the time of entry for forfeiture will be: (a) Rs.2,000. (b) Rs.3,000. (c) Nil. (d) Rs.10,000? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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A company on non-receipt of First Call money of Rs.2 per share and Final Call money of Rs.3 per share from Rahul, debited Call-in-Arrears account by Rs. 2,000 and Rs.3,000 respectively. After due notice 1,000 shares of Rs.10 each were forfeited from Rahul. The amount to be credited to First Call Account at the time of entry for forfeiture will be: (a) Rs.2,000. (b) Rs.3,000. (c) Nil. (d) Rs.10,000?, a detailed solution for A company on non-receipt of First Call money of Rs.2 per share and Final Call money of Rs.3 per share from Rahul, debited Call-in-Arrears account by Rs. 2,000 and Rs.3,000 respectively. After due notice 1,000 shares of Rs.10 each were forfeited from Rahul. The amount to be credited to First Call Account at the time of entry for forfeiture will be: (a) Rs.2,000. (b) Rs.3,000. (c) Nil. (d) Rs.10,000? has been provided alongside types of A company on non-receipt of First Call money of Rs.2 per share and Final Call money of Rs.3 per share from Rahul, debited Call-in-Arrears account by Rs. 2,000 and Rs.3,000 respectively. After due notice 1,000 shares of Rs.10 each were forfeited from Rahul. The amount to be credited to First Call Account at the time of entry for forfeiture will be: (a) Rs.2,000. (b) Rs.3,000. (c) Nil. (d) Rs.10,000? theory, EduRev gives you an
ample number of questions to practice A company on non-receipt of First Call money of Rs.2 per share and Final Call money of Rs.3 per share from Rahul, debited Call-in-Arrears account by Rs. 2,000 and Rs.3,000 respectively. After due notice 1,000 shares of Rs.10 each were forfeited from Rahul. The amount to be credited to First Call Account at the time of entry for forfeiture will be: (a) Rs.2,000. (b) Rs.3,000. (c) Nil. (d) Rs.10,000? tests, examples and also practice CA Foundation tests.