Accountancy, asked by dukeraman4, 6 months ago

Define forfeiture of shares​

Answers

Answered by kd1030601
9

Answer:

A forfeited share is an equity share investment which is cancelled by the issuing company. A share is forfeited when the shareholder fails to pay the subscription money called upon by the issuing company.

Answered by Tanya434pal
1
A forfeited share is an equity share investment which is cancelled by the issuing company. A share is forfeited when the shareholder fails to pay the subscription money called upon by the issuing company.
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