CA CPT Model Test Paper 13 with solutions for online practice

Mr. Yogesh was the holder of 700 shares of Rs. 100 each in KFC Ltd. upon which 50 per share had been called up but he had paid only Rs. 25 per share thereon. The company forfeited his shares and afterwards sold them to Kamlesh, credited as Rs. 50 per share paid for Rs. 25,000. The amount to be transfer to capital reserve is: