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  3. 12th Class
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  5. Accounting For Share Capital

12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    If forfeited shares are reissued at premium, then the amount of share forfeiture is transferred to:

    A) General reserve

    B) Capital reserve

    C) Statement of Profit & Loss

    D) Share capital

    Correct Answer: B

    Solution :

    Capital reserve


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