Q. On forfeiture of shares, which of the following account is credited with the amount ofmoney already received on such shares? (Solved)
1. shares forfeited a/c
2. share capital a/c
3. unpaid calls a/c
4. share premium a/c
- a. shares forfeited a/c
1. shares forfeited a/c
2. share capital a/c
3. unpaid calls a/c
4. share premium a/c