A company issued 10,000 shares of ₹10 each at 20% premium. All money received except final call of ₹2 (including premium) on 500 shares. Forfeited shares reissued @₹9 per share. Amount transferred to Capital Reserve = ?

Amount forfeited per share = ₹12 (10+2) - ₹2 = ₹10. Total forfeited = 500×10 = ₹5,000. Reissue price ₹9, loss on reissue = ₹1 per share = ₹500. Capital Reserve = ₹5,000 - ₹500 = ₹4,500? Wait, recalculating: Amount received on forfeited shares = Application+Allotment = Assume ₹5+₹3=₹8? Need full calculation. Standard approach: Forfeiture amount = Amount paid by shareholder. Let's assume: Face=10, Premium=2, Called-up=12. Unpaid=2. So paid=10. Forfeiture=500×10=5,000. Reissued @9, so discount=1 per share=500. Capital Reserve=5,000-500=4,500. But answer c) suggests different numbers.