Hey someone please help me..!!
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Answered by
2
Explanation:
Formula for the amount to be transferred to Capital Reserve
.
.
Amount Received On Forfeited Shares(Share Forfeiture A/C) divided by No. of forfeited shares multiplied by No. of reissued shares less Loss on Reissue
Mathematically,
Amount Received On Forfeited Shares(Share Forfeiture A/C)
÷
No. of forfeited shares
×
No. of reissued shares
-
Loss on Reissue
Answered by
1
Explanation:
Formula for the amount to be transferred to Capital Reserve
.
.
Amount Received On Forfeited Shares(Share Forfeiture A/C) divided by No. of forfeited shares multiplied by No. of reissued shares less Loss on Reissue
Mathematically,
Amount Received On Forfeited Shares(Share Forfeiture A/C)
÷
No. of forfeited shares
×
No. of reissued shares
-
Loss on Reissue
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