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

Aravindh Kumar

CA Inter

★ 4K+

21-Apr-20 23:29

584

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

CA Inter

★ 4K+

22-Apr-20 06:23

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