Practicing Success
Practicing Success
CUET Preparation Today
| Where will a company transfer the balance left in the share forfeited account after the reissue of such shares? |
Capital reserve Account Reserve Capital Revenue reserve Account Securities premium account |
| Capital reserve Account |
| The balance, if any, left in Share Forfeited A/c, in respect of shares reissued, should be treated as capital profit and transferred to Capital Reserve A/c. |
