When journal entry for forfeiture of shares is recorded in the Company's books, the Share Capital Account -
CUET UG 2025 — Accountancy Company Accounts
When journal entry for forfeiture of shares is recorded in the Company's books, the Share Capital Account -
Held on 31 May 2025 · Verified 13 Jul 2026.
Options
- A
Will be debited by the issue price of the shares forfeited.
- B
Will be debited by the face value of the shares forfeited.
- C
Will be debited by the called up value of the shares forfeited.
- D
Will be credited by the issue price of the shares forfeited.
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