1. If a share of ₹ 10 on which ₹ 8 has been paid up is forfeited, it can be reissued at the minimum price of…….

2. Z & Co. forfeited 100 shares of 10 Rs. each for non-payment of final call of 2 Rs. per share. All the forfeited shares were re-issued at 9 Rs. per share. What amount will be transferred to Capital Reserve A/c ?

3. Forfeiture of shares results in the reduction of:

4. Amount of calls in Arrear is :

5. Discount allowed on reissue of forfeited shares is debited to:

6. A company has…………

7. The liability of members in a company is :

8. Equity shareholders are :

9. Balance of Forfeited Shares Account after reissue of forfeited shares is transferred to :

10. Under the provisions of Companies Act, company can issue: