CBSE Class 12 Accountancy | 2026 Solved PYQ | Paper 67/1/1 | Q3(a) | MCQ 1 Mark | Shares Forfeiture

For Online Tuition Call - +91 77385 78377 Or WhatsApp - https://wa.me/917738578377 School: 9th to 12th Std (CBSE, ISC, ICSE, HSC, IGCSE, IB, A-Level, Cambridge, Edexcel) Undergraduate: BBA, BMS, BCOM, BA, LLB Post-Graduate: MBA, MMS, MCOM 📊 Accounting 📉 Economics 💰 Finance ⚖️ Law 🏢 Business Management Question 3(a). If 600 shares of ₹ 10 each, issued at a premium of ₹ 1 per share are forfeited on which ₹ 8 per share, including premium, have been called and ₹ 6 per share, including premium, have been paid, then ‘Share Forfeiture Account’ will be ________ by ________. (A) credited, ₹ 3,000 (B) debited, ₹ 3,000 (C) debited, ₹ 3,600 (D) credited, ₹ 3,600 [1 Mark]