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If a share of Rs. 10 issued at a premium of Rs. 2 on which the full amount has been called and Rs. 7 (including premium) paid is forfeited, the share capital A/C account should be debited with.(a) Rs. 12(b) Rs. 10(c) Rs. 7(d) Rs. 5 |
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Answer» Correct option (b) Rs. 10 |
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