Accountancy, asked by nehayada9315, 2 months ago

entry fir forefiture of share​

Answers

Answered by XxbabyanglexX
0

Answer:

  • A concerned shareholder's personal shares are cancelled and forfeited.
  • this is not applicable for shares which are associated with premium.
  • Amounts called up for these relevant shares are debited from the relevant share capital account.

Explanation:

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