When shares are forfeited, the share capital account is debited with _ – McqOptions

MCQOPTIONS

1.	When shares are forfeited, the share capital account is debited with ________ and the share forfeiture account is credited with __________.
A.	paid-up capital of shares forfeited; called up capital of shares forfeited
B.	called up capital of shares forfeited; calls in arrear of shares forfeited
C.	called up capital of shares forfeited; amount received on shares forfeited
D.	none of these
Answer» D. none of these

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