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200 Rs. 100 shares are forfeited for an unpaid final call of Rs. 30. Forfeiture A/c is credited with
ARs. 14,000
BRs. 20,000
CRs. 6,000
DRs. 16,000
Answer & Solution
Correct answer: A. Rs. 14,000
Rs. 70 per share had been paid, so 200 shares give Rs. 14,000.
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