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  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 re-issue of forfeited shares is debited to:

    A) Share Capital A/c

    B) Share Forfeiture A/c

    C) Statement of Profit & Loss

    D) General Reserve A/c

    Correct Answer: B

    Solution :

    [b] Share Forfeiture A/c


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