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
    Discount allowed on reissue of forfeited share is debited to :

    A) Discount on issue of share

    B) Share forfeiture a/c

    C) Profit & Loss a/c

    D) General reserve

    Correct Answer: B

    Solution :

    Share forfeiture a/c


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