Profit on re‐issue of forfeited shares will appear on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ side of the balance sheet.

Related MCQs

• The profit on reissue of forfeited shares is transferred to ………
• On a consolidated balance sheet, if the shares of a company have been bought for more than the balance sheet value then the difference would appear as:
• Discount on reissue of forfeited shares should not exceed ………….
• Share forfeited Account is shown on the liabilities side of the balance sheet‐‐‐‐‐‐‐‐‐‐‐‐
• In the balance sheet forfeited shares amount is to be added to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
• The profit on reissue of shares is transferred to ….
• Capital reserve will appear on the liability side of the balance sheet under the head ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
• If amalgamation is in the ..............., the General Reserve or Profit and Loss A/c balance will not be shown in the balance sheet.
• Profit on the re‐issue of forfeited shares is transferred to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ account.
• Which of the following reserve does not appear in the balance sheet of a company?