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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
    The balance of the forfeited shares account after reissue of forfeited shares is transferred to:

    A) Statement of Profit & Loss

    B) Share Capital A/c

    C) Capital Reserve A/c

    D) General Reserve A/c

    Correct Answer: C

    Solution :

    [c] Capital Reserve A/c


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