Question 1 :
D Ltd. forfeited $200$ shares of $Rs. 10$ each, $Rs. 7$ called up on which Ram had paid only application money $Rs. 3$ per share. Of these, $125$ shares was reissued to Shyam for $Rs. 9$ per share fully paid. What will be balance in the Share Forfeited A/c after reissue of $125$ shares?

Question 3 :
Y Ltd. forfeited 50 shares of Rs 100 each issued at 10% premium on which allotment money of Rs 30 per share (including premium) and first call of Rs 30 per share were not received and the second and final call of Rs 20 per share was not yet called. 20 of these shares as Rs 80 paid up for Rs 70 per share.<br/>On re-issue, the Share Capital Account will be ___________________.

Question 4 :
A company forfeited $1,000$ shares of $Rs. 10$ each (which were issued at par) held by Mr. John for non-payment of allotment money of $Rs. 4$ per share. The called-up value per share was $Rs. 9$. On forfeiture, the amount debited to share capital will be ________________.

Question 5 :
Which one of the following statements regarding forfeiture of shares is not correct?

Question 6 :
A Ltd. issued shares of $Rs. 10$ each at a discount of $10$%. Mr. B purchased $60$ shares and paid $Rs. 2$ on application but did not pay the allotment money of $Rs. 3$. If the company forfeited his entire shares, the forfeiture account will be credited by _____________.

Question 7 :
Use the following information for questions given ahead:<br/>B Ltd. was registered with a share capital of $Rs. 2,00,00,000$ divided into equity shares of $Rs. 10$ each. It issued $Rs. 1,80,00,000$ equity shares to the general public at par payable as to $Rs. 3$ on application, $Rs. 3$ on allotment and balance in $2$ equal calls. The public had subscribed for $17,00,000$ shares. Till $31st$ March, $2006$, only first call had been made. All the shareholders had paid up except Mr. C, a holder of $50,000$ shares, who did not pay the call money.<br/>B Ltd.'s Called-up Capital will be _______________.

Question 8 :
The discount allowed on reissue of forfeited shares is debited to _________________.

Question 9 :
When shares are issued to promoters for their services, the account that will be debited is ______________.

Question 10 :
A company forfeited $30$ equity shares of $Rs.10$ each fully called up, for non-payment of allotment money of $Rs. 4$ each. If these shares are reissued at $Rs. 7$ per share fully paid, the amount transferable to Capital Reserve will be _______________.

Question 11 :
A company forfeited $100$ shares of $Rs. 10$ each owing to the default in the payment of share call money of $Rs. 5$ each. These shares were issued at $Rs. 10$ each, payable at $Rs. 2$ on application, $Rs. 5$ on allotment and the balance of $Rs. 5$ on call. The shares were then reissued to another shareholder at a price of $Rs. 7$ per share.<br/>The amount to be debited to forfeited shares account on account of discount on re-issue of shares would be ______________.

Question 12 :
Consider the following information pertaining to the issue of shares of a company. The company issued shares of $Rs. 10$ each at a premium of $Rs. 2$ payable as:<br/>On application $Rs. 3$; On allotment $Rs. 4$ (including premium); On first call $Rs. 3$; On second and final call $Rs. 2$.<br/>Mrs. A who holds $200$ shares failed to pay the first call money. The company has forfeited these shares after the first call. On forfeiture, the amount debited to share capital account is ______________.

Question 13 :
Z Ltd. Forfeited $20$ shares of $Rs. 10$ each, on which $Rs. 4$ per share were paid. What is the minimum price of reissue of these shares are fully paid up?

Question 15 :
The directors of a company resolve to forfeit $1000$ Equity Shares of $Rs. 10$ each, $Rs. 7.50$ paid up. $700$ of these shares were reissued at $Rs. 7.00$ per share. The amount to be transferred to Capital Reserve would be ______________.