MCQOPTIONS
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| 1. |
After re-issue of forfeited shares, the profitremaining in the Share forfeiture A/c istransferred to_____? |
| A. | Share Capital A/c |
| B. | Capital Reserve A/c |
| C. | Profit u0026 Loss A/c |
| D. | General Reserve A/c |
| Answer» C. Profit u0026 Loss A/c | |