Profits on reissue of forfeited Shares should be transferred to

Related MCQs

• Balance remaining in the forfeited Account after reissue is transferred to --------------- account
• If reissue of shares are more than face value of shares, the excess amount is transferred to ---------- account.
• Premium received on issue of shares, later forfeited, should be transferred to
• Auditor should see that amount received for premium on issue of shares should be shown in
• Auditor should see that amount received for premium on issue of shares should be shown in
• Capital profits
• While checking allotment of shares the auditor should see that it is made within
• Which of the following percentage of nominal amount of shares should be received with application
• For restriction regarding allotment of shares, the auditor should refer to section
• For checking that allotment of shares has been properly made, an auditor should refer to