hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    Balance of Share Forfeited Account on the forfeited share not yet re-issued is:
    Question

    Balance of Share Forfeited Account on the forfeited share not yet re-issued is:

    A.

    Shown in the Shareholder’s Fund

    B.

    Transferred to Capital Reserve

    C.

    Transferred to Capital Redemption Reserve

    D.

    Transferred to General reserve

    Correct option is A

    The balance of the Share Forfeited Account, for shares that have been forfeited but not yet re-issued, is shown in the Shareholder’s Fund. This account represents the amount received from shareholders whose shares have been forfeited and holds until the shares are re-issued.

    Free Tests

    Free
    Must Attempt

    CUET 2025 English Language Mock 01

    languageIcon English
    • pdpQsnIcon50 Questions
    • pdpsheetsIcon200 Marks
    • timerIcon45 Mins
    languageIcon English