After the issue of forfeited shares, balance of forfeited shares account Is transferred to | Faculties

R

Ram Sharma

🎓 Coach ⭐ 193.88K Points

📊 Financial Accounting 2

Q. After the issue of forfeited shares, balance of forfeited shares account Is transferred to

(A) capital reserves a/c
(B) share capital
(C) general reserves
(D) profit & loss a/c

💬 Discuss

✅ Correct Answer: (A) capital reserves a/c

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️

77

Total Visits

📽️

2 y ago

Published

🎖️

Ram Sharma

Publisher

📈

84%

Success Rate