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Balance of share forfeiture Account is shown in the balance sheet under the item.

+3 votes

asked Dec 3, 2018 in Class 12 by kratos

Balance of share forfeiture Account is shown in the balance sheet under the item.

(a) Reserves and surplur

(b) Current liabilities and provision

(c) Share capital Account

(d) of these

shares
class-12
share capital
accounting for share capital

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1 Answer

+4 votes

answered Jul 20, 2020 by kratos

Best answer

(a) Reserves and surplur

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