the balance of share forfeiture account can be used to ( option ) a) provide for discount given at the time of reissue. b) write off preliminary expenses c) write off bad depts d) none of these
Answers
Answered by
0
Answer:
c) write off bad depts
Explanation:
HOPE IT'S HELPFUL TO YOU
PLEASE LIKE RATE AS EXCELLENT
FOLLOW
MARK AS BRAINLIST PLEASE
GOD WILL BLESS YOU
Answered by
0
Answer:
Balance of share forfeiture account can be used to d) none of these
Explanation:
It is treated as capital profit and transferred in to Capital Reserve Account.
Similar questions