CA CPT 2013 June Question Paper Fundamentals of Accounting for online practice

A Ltd. issued 10000 shares of Rs. 10 each. A shareholder, who holds 500 shares, paid only Rs 5. Later on his shareswere forfeited. Out of forfeited Shares 400 shares re-issued for Rs. 7 /- per share. Amount transferred to capitalreserve will be: