CUET Accountancy - Discount allowed on reissue of forfeited shares should be debited to: | PYQs + Solutions

CUET Accountancy 2025 4 June Shift 2

Company Accounts

Medium

common

Discount on issue of shares account.

Loss on issue of shares account.

Share Forfeiture Account.

Premium on issue of shares account.

✅ Correct Option: 3

Related questions:

29 May Shift 2

Profit on reissue of shares is transferred to

14 May Shift 1

Rahul Limited purchased building from Handa Limited for Rs.5,40,000 and the payment is to be made by the issue of shares of Rs.100 each. The number of shares to be issued at premium of 20% is:

4 June Shift 2

The Profit on reissue of forfeited shares is transferred to:

CUET Accountancy 2025 4 June Shift 2 PYQs

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