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re-issue of forfited shar

This query is : Resolved 
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(Querist)
25 May 2010 hiii

the calles in arrear are deducted from the forfited amount of share at the time of forfiture.
if the company has not deducted the same & shown in the balance sheet.
at present company r3eissued the forfited share so what is the treatment of calles in arrear after reissue.
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Rasesh

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Rasesh (Expert)
26 May 2010 The calls in arrears have to adjusted against the forfeited amount. If not done earlier, then now at the time of re-issue in a manner that the net impact remains the same.
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