Question

X Ltd. Forfeited 1,000 shares of Rs. 10 each for the non-payment of final call of Rs. 2. The account will be debited for called up price of a share at the time of forfeiture of shares:

A Share Forfeiture A/c
B Share Capital A/c
C Share Final Call A/c
D Share Allotment A/c
E None of these
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