MCQOPTIONS
Saved Bookmarks
| 1. |
The balance in share forfeiture account, after the reissue of all forfeited shares, should be |
| A. | Transferred to goodwill A/c |
| B. | Transferred to capital reserve A/c |
| C. | Shown as Share forfeiture A/c |
| D. | Added to paid-up capital |
| Answer» C. Shown as Share forfeiture A/c | |