Accountancy, asked by SHUDHANSH, 1 year ago

When shares are forfeited shares capital account is _________.

Answers

Answered by sagnikganguly

During the forfeiture of shares, Share capital a/c will be debited by called up capital always. Or the nominal value of share.

Answered by walkedhanashri

shares capital account will be debited

SHUDHANSH: Yah it's Right

walkedhanashri: thanks

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