A company forfieted 1,000 shares on 10 each (which ere issued at par) held by Saurabh for non payment of allotment money of Rs 4 per share The called up value per share was t 8 On forfeiture, the amount debited to share capital account will be A B C D Rs 10,000 Rs 8,000 Rs 2,000 Rs 18,000 A compan...

Forfeiture of shares occurs when the shareholders fail to ...

A company forfieted 1,000 shares on 10 each (which ere issued at par) held by Saurabh...

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Fundamentals of Financial Accounting

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Authors: Fred Phillips, Robert Libby, Patricia Libby

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A company forfieted 1,000 shares on 10 each (which ere issued at par) held by Saurabh...

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