Q1409
At the time of forfeiture of shares, the share capital A/c is
A.
debited with the face value of forfeited shares
B.
credited with called-up amount of forfeited shares
C.
debited with the called-up amount of forfeited shares
AnswerD.
debited with the amount received on forfeited shares
Answer: Option C
Solution
Answer: Option C
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