Vidyalelo
Commerce · Q758

Accounting

Graduate and Post Graduate · Commerce · question 758

Q758

Discount allowed on reissue of forfeited shares is debited to

A.
Share Capital A/c
B.
Profit & Loss A/c
C.
Forfeited Shares A/c
Answer
D.
Discount on Issue of Shares A/c

Answer: Option C

Solution

Answer: Option C
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