The net profit realized from the reissue of forfeited shares is transferred to which of the following accounts?

When forfeited shares are reissued, any remaining credit balance in the Share Forfeiture Account represents a capital profit for the company.Because this profit comes from a non-operational capital transaction, it must be moved to a permanent capital equity account. It is transferred to the Capital Reserve account using the following entry:
$$\text{Share Forfeiture A/c}\text{Dr.}$$
$$\text{To Capital Reserve A/c}$$