Shares Forfieted
This query is : Resolved
18 September 2008
Accounting entry and balance sheet effect of forfieture of partly paid up equity shares.
Thanks
Thanks
Guest
Guest
(Expert)
09 October 2009
(1) Members A/c
To Share forfieture A/c
(2) Share forfeiture A/c
To Capital Reserve A/c
It will be displayed as Capital Reserve in the balance sheet.
To Share forfieture A/c
(2) Share forfeiture A/c
To Capital Reserve A/c
It will be displayed as Capital Reserve in the balance sheet.
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