When shares are forfeited, the share capital A/c is debited by: (a). Paid-up capital (b). Called-up amount

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When shares are forfeited, the share capital A/c is debited by:

(a). Paid-up capital

(b). Called-up amount

(c). Issue price

(d). Nominal value of such shares

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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Question Posted: Aug 30, 2023 06:26 AM

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When shares are forfeited, the share capital A/c is debited by: (a). Paid-up capital (b). Called-up amount

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Corporate Accounting

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