MCQ
 While writing the journal entry for share forfeiture, which amount is to be debited to share capital account?
  • A
    Fact/ at par value of share   
  • B
    Per share received amount
  • Per share called up amount
  • D
    Per share amount not received

Answer

Correct option: C.
Per share called up amount

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free