Accountancy, asked by joshi200chinmay, 4 months ago

Balance of forfeited shares _________.

Answers

Answered by rijularoy16

1

Answer:

Till the time the company re-issues the forfeited shares, it adds the balance of the Forfeited Shares Account to paid-up capital under Subscribed Capital in the Notes to Accounts on 'Share Capital'. Being part of shareholders' Funds we show it under Equity and Liabilities part of the Balance Sheet.

PLEASE MARK IT AS BRAINLIEST AND FOLLOW ME.

Previous Question

Next Question

Similar questions

Math, 2 months ago

25. A marble tile measures 35cm by 20cm. Find the number of tiles required to cover a wall of size 7m by 6m.

Social Sciences, 2 months ago

write three characteristics of Amazon Basin climate...

Chemistry, 2 months ago

In the limit test of Iron purple color is developed only in which type media...

English, 4 months ago

letter to your friend advising him to be cautious as he is a football player during pandemic...

Math, 4 months ago

Marc baked brownies in the brownie pan shown below. Each day, he is going to eat 20 square centimeters of brownie from the pan. For how many days does Marc have brownies before they run out?

Science, 9 months ago

what is electromagnetic...

World Languages, 9 months ago

how to go on any persons question ...

Math, 9 months ago

find the perimeter of a semicircular plot whose diameter is 28 metres...