Question

Balance of share forfeiture account is shown in the balance sheet under the head......
a. Share capital a/c
b. Reserve and surplus
c. Current liabilities
D. Non current liability

Answer 1

Share capital a/c is answer

Answer 2

_______ʜᴇʏ ᴍᴀᴛᴇ_______

Balance of share forfeiture account is shown in the balance sheet under the head of (SHARE CAPITAL ACCOUNT)