Solution 3 of Cbse sample paper 2025-26 | Accountancy Class 12 ‪@sethsaccountancytricks‬

Solution 3 of Cbse Sample Paper 2025-26 | Accountancy Class 12 ‎⁨@sethsaccountancytricks⁩  Pali Limited offered 2,00,000 shares of ₹ 10 each at a premium of ₹ 2 per share. Applications were received for 1,95,000 shares, which were duly allotted. The amount was payable as ₹3 on Application (including ₹1 premium), ₹ 6 on Allotment (including ₹1 premium) and balance on call. Manoj, holding 6,000 shares failed to pay allotment money and his shares were immediately forfeited. Out of the forfeited shares, 4,000 shares were re-issued @ ₹ 11 per share as fully paid up. The amount of Capital Reserve will be: A. ₹ 16,000 B. ₹ 12,000 C. ₹ 8,000 D. ₹ 18,000