Question:medium
'Share Forfeiture Account' will appear in the 'Notes to Accounts' at:
'Share Forfeiture Account' will appear in the 'Notes to Accounts' at:
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Share Forfeiture Account = Number of shares forfeited × Amount already paid by defaulting shareholder. This amount is shown in Notes to Accounts until the forfeited shares are reissued.
Updated On: Mar 9, 2026
- ₹21,000
- ₹70,000
- Nil
- ₹49,000
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The Correct Option is A
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