Doubt

Accountancy

Forfeited share amount in "balance sheet" is added with subscribed capital or capital reserve ..?

Sri kanaga Varshini

CA Final

★ 3K+

08-Apr-21 15:54

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Answers (4)

Capital reserve

Vivek shukla

CA Inter

★ 8K+

08-Apr-21 16:06

Vivek shukla

Capital reserve

But in notes to account under sharecapital we usually add it with subscribed capital also right ??

Thread Starter

Sri kanaga Varshini

CA Final

★ 3K+

08-Apr-21 16:29

Subscribed capital as separate heading forfeited shares. This is done untill forfeited shares are re-issued.

Sahibdeep Singh

CA Inter

★ 14K+

08-Apr-21 19:25

Sahibdeep Singh

Subscribed capital as separate heading forfeited shares. This is done untill forfeited shares are re-issued.

Thank u sir understood

Thread Starter

Sri kanaga Varshini

CA Final

★ 3K+

08-Apr-21 19:26

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