When all the Forfeited shares are not reissued, then the proportionate amount in must be kept in that account | Faculties

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Mr. Dubey

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📊 Financial Accounts

Q. When all the Forfeited shares are not reissued, then the proportionate amount in must be kept in that account

(A) Share Capital Account
(B) Forfeiture Share Account
(C) Capital Reserve Account
(D) None of the above

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✅ Correct Answer: (B) Forfeiture Share Account

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