Until the forfeited shares are reissued, the balance of Share Forfeiture Account represents amount already received on those shares. It is shown under Share Capital as an addition to Subscribed and Paid-up Capital in the Notes to Accounts.
Balance of Share Forfeiture account is shown in the Balance Sheet under the item:-
CUET UG 2023 — Accountancy Company Accounts
2023mcqeasy
Balance of Share Forfeiture account is shown in the Balance Sheet under the item:-
Official previous-year question
Held on 20 Jun 2023 · Verified 13 Jul 2026.
Options
- A
Current Liabilities and Provisions
- B
Reserve and Surplus
- C
Share Capital
- D
Unsecured Loans
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