In company accounts balance sheet under share capital how they are calculating forefited shares
Aravindh Kumar
CA Inter
★ 4K+
21-Apr-20 23:29
405
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