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
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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
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