How much amount will be debited to share capital. If Y Ltd forfeited 100 shares of Rs 10 each, Rs 6 called up issued at a discount of 107 to swati, on which she had paid Rs 2 per share out of these so shares were reissued to Meeta at Rs 8 called up for Rs 6 per share.

If a company forfeits a share of Rs 10 for non-payment of Rs 4 and reissues it @ Rs 7. The capital reserve will be ______________________.

In which type of preference shares  the holders of this class of shares are entitled to all arrears before dividend is paid on equity shares?

While preparing forfeiture shares account, Calls in Arrears account is ___________.

Which shares are entitled to a priority in the payment of dividends for fixed rate?

Which book is prepared to record cash transaction of the company?

In case shares are originally issued at premium the amount forfeited is the amount that has been received including the amount of _____________________ that has been received.

A company is formed with Rs .50,00,000 as capital divided into 1,00,000 shares of Rs.50 each. The company issued 1,00,000 shares of Rs 50 each. Which were fully subscribed and paid up. Find out the authorized capital amount?

The companies are formed by the special act of legislatures are known as _________.

Shares issued at a discount is a