MCQOPTIONS
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| 1. |
When shares are forfeited the share capital account is debited by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ |
| A. | Calls‐in‐arrears |
| B. | Called up amount |
| C. | Paid up amount |
| D. | Subscribed amount |
| Answer» D. Subscribed amount | |