CUET Accountancy - Balance of share forfeiture account is shown in the balance sheet under which item : | PYQs + Solutions

CUET Accountancy 2025 16 May Shift 1

Company Accounts

Easy

Current liabilities and provisions

Share Capital

Reserve and surpluses

Unsecured loans

✅ Correct Option: 2

Related questions:

4 June Shift 2

Profit on reissue of forfeited shares should be treated as:

14 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Authorised Capital	(i) It is that part of the subscribed capital which has been called up on the shares.
(B) Issued Capital	(ii) It is that part of the issued capital which has been actually subscribed by the public.
(C) Subscribed Capital	(III) It is that part of the authorised capital which is actually issued to the public for subscription.
(D) Called up Capital	(IV) The amount of share capital which a company is authorised to issue by its Memorandum of Association

Choose the correct answer from the options given below:

14 May Shift 2

The Profit on reissue of forfeited shares is transferred to :

CUET Accountancy 2025 16 May Shift 1 PYQs