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In a Journal Entry of Forfeiture of Shares, Share Capital Account will be :-

CUET UG 2025 — Accountancy Company Accounts

2025mcqeasy

In a Journal Entry of Forfeiture of Shares, Share Capital Account will be :-

Official previous-year question

Held on 29 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Debited by the issue price of the number of the shares forfeited.

  2. B

    Debited by the face value of the number of the shares forfeited.

  3. C

    Debited by the called up value of the number of the shares forfeited.

  4. D

    Credited by the issue price of the number of the shares forfeited.

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