In the balance sheet forfeited shares amount is to be added to ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.

Related MCQs

• 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:
• Profit on re‐issue of forfeited shares will appear on the ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ side of the balance sheet.
• Share forfeited Account is shown on the liabilities side of the balance sheet‐‐‐‐‐‐‐‐‐‐‐‐
• The Time interval between the date of acquisition of shares in subsidiary company and date of Balance Sheet of Holding Company is known as :
• The time interval between the date of acquisition if shares in subsidiary company and date of balance sheet of holding company is known as :
• If amalgamation is in the ..............., the General Reserve or Profit and Loss A/c balance will not be shown in the balance sheet.
• The discount on re-issue of forfeited shares is debited to ---- a/c.
• The profit on reissue of forfeited shares is transferred to ………
• The shares of a company only can be forfeited after giving a ………days notice
• The forfeited shares can be reissued at …………