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Company accounts

In company accounts balance sheet under share capital how they are calculating forefited shares


Aravindh Kumar

Aravindh Kumar

CA Foundation

3K+

21-Apr-20 23:29

53

Answers (1)

If the forfeited shares Not yet reissued - should be shown in B/S by adding to paid up share capital. Reissued - credit balance left in forfeited shares a/c should be t/f to capital reserve a/c


M Narendra

M Narendra

CA Inter

4K+

22-Apr-20 06:23