What is the entry for forfeiture of shares?
Answer Posted / chinmay mishra
Share capital a/c dr(with the amount of money actually
called)
Securities premium a/c dr(if not received)
To unpaid calls a/c(call amount not received)
To disount on issue of share a/c(if shares were
at a discount)
To shares forfeited a/c(with amount already
received)
| Is This Answer Correct ? | 23 Yes | 4 No |
Post New Answer View All Answers
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
what is absorbtion coasting?
What is the GDP growth?
how to make a project accounting in tally erp9 ?
emplementation of accounting standerds in Bangladesh, developing or copieng?
Short Answer on _________Business
what is forecast
What is outsider equity and time interest period ratio?
Short answer on _______Amendment
What is ABC Analysis in industrial function. hw can it s maintain ?
What is the accounting treatment for finance lease in lessee's viewpoint?
Clasify capital
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?