Gopal was holding 100 shares of Rs. 10 each of a company, on which he had paid Rs. 3 on application ….

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Gopal was holding 100 shares of Rs. 10 each of a company, on which he had paid Rs. 3 on application and Rs. 2 on allotment, but could not pay Rs. 2 on the first call. The directors of the company forfeited the above shares. Thus, Share capital will be debited by

Options :-

1. Rs. 1,000
2. Rs. 700
3. Rs. 500
4. Rs. 800

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