When shares are forfeited, the share capital account is debited with the A) Nominal value of shares B) Paid-up value of shares C) called-up value of shares D) Maximum value of shares
When shares are forfeited, the share capital account is debited with the A) Nominal value of shares B) Paid-up value of shares C) called-up value of shares D) Maximum value of shares
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:When shares are forfeited, the share capital account is debited with the A) Nominal value of shares B) Paid-up value of shares C) called-up value of shares D) Maximum
value of shares
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