On forfeiture of shares, which of the following account is credited wi – McqOptions

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1.	On forfeiture of shares, which of the following account is credited with the amount ofmoney already received on such shares?
A.	shares forfeited a/c
B.	share capital a/c
C.	unpaid calls a/c
D.	share premium a/c
Answer» B. share capital a/c

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