CUET Accountancy - The maximum amount of discount on the re-issue of forfeited shares will be :- | PYQs + Solutions

CUET Accountancy 2025 30 May Shift 1

Company Accounts

Easy

common

The amount already called up at the time of forfeiture.

The amount of calls in arrear at the time of forfeiture.

The amount of calls in advance at the time of forfeiture.

The amount already received at the time of forfeiture.

✅ Correct Option: 4

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In the case of under subscription of shares.

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Under which sub-head in the balance sheet does the balance of share forfeiture account appear?

CUET Accountancy 2025 30 May Shift 1 PYQs

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