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In a Journal Entry of Forfeiture of Shares, Securities Premium Account may be debited, when :-

CUET UG 2025 — Accountancy Company Accounts

2025mcqmedium

In a Journal Entry of Forfeiture of Shares, Securities Premium Account may be debited, when :-

Official previous-year question

Held on 29 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Share are issued at premium and calls in arrears include premium.

  2. B

    Share are issued at premium and calls in arrears do not include premium.

  3. C

    Shares are issued at par and calls in arrears include premium.

  4. D

    Share are issued at par and calls in arrears do not include premium.

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