The balance in the Share Forfeited Account after the reissue of forfeited shares is transferred to
AShare Capital
BProfit & Loss Account
CReserve Capital
DCapital Reserve
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Related Questions:
A share of Rs. 10 issued at a premium of Rs. 2 which the full amount has been called Rs. 8 including premium is forfeited. the capital account shall be debited with:
Method of depreciation is suitable for loose tools :
An entry with more than one debitor credit is known as:
Capital expenditure incurred when ............
Prepaid rent is treated as :