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The balance of share forfeited account after the reissue of forfeited shares is transferred to

+3 votes

asked Jan 28, 2019 in Class 12 by kratos

The balance of share forfeited account after the reissue of forfeited shares is transferred to

(i) general reserve

(ii) capital redemption reserve

(iii) capital reserve

(iv) revenue reserve

shares
class-12
share capital
accounting for share capital

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1 Answer

+6 votes

answered Jul 14, 2020 by kratos

Best answer

(iii) capital reserve

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