Vidyalelo
Commerce · Q2041

Accounting

Graduate and Post Graduate · Commerce · question 2041

Q2041

If equity share are forfeited then capital account is debited with

A.
Face value of share
B.
Prepaid amount of shares
C.
Called amount on shares
Answer
D.
Uncalled amount on shares

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board