Share forfeited Account is shown on the liabilities side of the balanc – McqOptions

MCQOPTIONS

1.	Share forfeited Account is shown on the liabilities side of the balance sheet‐‐‐‐‐‐‐‐‐‐‐‐
A.	By adding to the paid up capital
B.	Under the head reserves and surpluses
C.	Under the head current liabilities
D.	Under the head current Assets
Answer» B. Under the head reserves and surpluses

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