2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting For Share Capital

12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    If the Premium on the forfeited shares has already been received, at the tune of forfeiture of shares, Securities Premium Reserve Account will be:

    A) Fully Debited

    B) Fully Credited

    C) No Treatment

    D) Only received amount will be debited

    Correct Answer: C

    Solution :

    No Treatment


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