Till the forfeited shares are re-issued, balance of Forfeited Shares A/c will be shown in Balance Sheet
Question:
Till the forfeited shares are re-issued, balance of Forfeited Shares A/c will be shown in Balance Sheet
A. As a separate item
B. As a part of the subscribed capital
C. As an item of reserve and surplus
D. As a part of the paid-up capital
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
D As a ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
Question Posted:
Students also viewed these Business questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
On 1 February 2017, Beach Supplies Ltd was registered and issued a prospectus inviting applications for 2,000,000 shares, at an issue price of $350, payable as follows: $100 on application $150 on...
-
The Classic Theater Ltd. opened on April 1. All facilities were completed on March 31. At this time, the ledger showed No. 101 Cash 6,000, No. 140 Land 10,000, No. 145 Buildings (concession stand,...
-
At the beginning of Section 12.6, it was noted that given the CBC MAC of a oneblock message \(X\), say \(T=\operatorname{MAC}(K, X)\), the adversary immediately knows the CBC MAC for the two-block...
-
Provide examples of four situations in which there is a limited, or finite, waiting line.
-
In groups of three, obtain the latest statement of cash flows for a company (other than JB Hi-Fi Limited). Financial reports are available from company websites, and usually from internet sites...
-
Selected accounts from the adjusted trial balance for Pierres Gourmet Shop, Inc., as of March 31, 20x7, the end of the fiscal year, are shown below. The merchandise inventory for Pierres Gourmet Shop...
-
Mick Garcia, a certified financial planner (CFP) has been asked by a client to invest $250,000. This money may be placed in stocks, bonds, or a mutual fund in real estate. The expected return on...
-
Partially amortizing mortgage loans require periodic payments of principal, but are not paid off completely over the loan's term to maturity. Instead, the balance of the principal amount is paid at...
-
Profit on re-issue of shares is transferred to A. Profit and loss account B. General reserve C. Capital redemption reserve D. Capital reserve
-
At the time of forfeiture of shares A. Share capital account is credited with the called-up value of shares forfeited B. Share capital account is debited with the face value of shares forfeited C....
-
In Exercises, determine the domain and the range of the function. 5 -5-4-3-2-1 4 3 2 1 f (-1,-2)-3) -4 -5 1 2 3 4 5 x
-
Explain how you would use SIC codes to analyze Company X's Accounts Receivable Turnover of four times given the fact that the SIC rate for companies in Company X's industry is eight times per year....
-
How can I figure out... wire from the end at x = 1 4 . 4 m . At time t = 1 2 . 7 m s , pulse 2 is sent along the wire from the end at x = 0 . At what position x do the pulses begin to meet? Number...
-
Consider the following grammar for a small language start end > | / + | x y z i. (2 pts) Show the parse tree for start xz/yz end ii. (2 pts) Explain why it is not possible to build complete parse...
-
Read the Workers Compensation case from 2021 in Riverside County, California. A 24 year old man;Angel Luis Maces, agreed to plead guilty in a fraudulent workers' compensation claim. 1. What were the...
-
The real question the climate movement must ask itself is not whether sabotage is ethical, but whether the tactic is likely to succeed in bringing down temperatures. At least at our current juncture...
-
The table shows the number N of species of reptiles and amphibians inhabiting Caribbean islands and the area A of the island in square miles. (a) Use a power function to model N as a function of A....
-
Revol Industries manufactures plastic bottles for the food industry. On average, Revol pays $76 per ton for its plastics. Revol's waste-disposal company has increased its waste-disposal charge to $57...
-
Explain, in your own words, why investors in a firms stock might be interested in a firms marketing manager developing a new growth-oriented strategy. Would it be just as good, from the investors...
-
A woman with extensive experience in home health care and a good marketing plan has approached a bank for a loan, most of which she has explained she intends to invest in advertising designed to...
-
Could the idea of mass customization be used by a publisher of college textbooks to allow different instructors to order customized teaching materials perhaps even unique books made up of chapters...
-
The following data have been recorded for recently completed Job 4 5 0 on its job cost sheet. Direct materials cost was $ 2 , 1 0 2 . A total of 4 1 direct labor - hours and 1 9 7 machine - hours...
-
Using the Sensitivity Report from the Quality Air Conditioning problem, answer the questions below: Table 1 : Sensitivity Report Variable Cells \ table [ [ Cell , Name, \ table [ [ Final ] , [ Value...
-
1 7 1 point Courses 1 Financial statements are prepared after an entity's transactions are analyzed and recorded. Which of the following reports is NOT one of the required financial statements?...
Study smarter with the SolutionInn App