A company forfeited 30 shares of Rs. 100 each on which Rs. 80 per share has been called up. On these shares, Rs. 20 per share has been paid on application and Rs. 40 per share on allotment. While passing an entry on forfeiture the forfeited share account will be credited with :

TORAN LAL VERMA
  1. Rs. 400
  2. Rs. 1,800
  3. Rs. 3,000
  4. Rs. 2,400
2. Rs. 1,800

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