Discount allowed on re-issue of forfeited shares is debited to : | Faculties

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Mr. Dubey

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📊 Financial Accounting

Q. Discount allowed on re-issue of forfeited shares is debited to :

(A) Share Capital A/c
(B) Share forfeiture A/c
(C) Statement of Profit & Loss
(D) General Reserve A/c

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✅ Correct Answer: (B) Share forfeiture A/c

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