Balance of Share Forfeited Account on the forfeited share not yet re-issued is :
(
This question was previously asked in
Shift 26/05/2023 8:30 AM - 10:30 AM
A
Shown in the Shareholder's Fund
B
Transferred to Capital Reserve
C
Transferred to Capital Redemption Reserve
D
Transferred to General reserve
Correct Answer
Shown in the Shareholder's Fund
Detailed Explanation
NOTE AS PER NTA THE ANSWER TO THIS QUESTION IS (1)
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