When shares are forfeited, the share capital account is debited with ________ and theshare 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