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Forfeiture Of Shares Questions

Practice 5 Forfeiture Of Shares questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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Practice by Exam:Accountancy(3)CUET Accountancy(2)

About Forfeiture of Shares — practice questions, PYQs & concepts

Forfeiture of Shares is a frequently-tested topic on Accountancy, CUET Accountancy. ExamTest.live currently lists 5 Forfeiture of Shares questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Forfeiture of Shares weight in competitive exams

Across our Forfeiture of Shares question bank, the largest sources are Accountancy (3) and CUET Accountancy (2). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 2 easy Forfeiture of Shares questions are available — build fluency before moving up.
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All Forfeiture Of Shares Questions(1–5 of 5)

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Q1mediummcqAccountancyCUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3)2026
Match List-I with List-II and choose the correct answer from the options given below:List-I (Name of account to be debited or credited, when shares are forfeited)(A) Share Capital Account(B) Share Forfeited Account(C) Calls-in-arrears Account(D) Securities Premium AccountList-II (Amount to be debited or credited)(I) Debited with amount not received(II) Credited with amount not received(III) Credited with amount received towards share capital(IV) Debited with amount called up
Q2mediummcqAccountancyCUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3)2026
shares of each issued at par were forfeited for non-payment of final call of per share. These shares were reissued at per share as fully paid-up. The amount transferred to capital reserve is:
Q3easymcqCUET AccountancyCUET Accountancy 2025 30 May Shift 22026
Shares can be forfeited:
Q4easymcqAccountancyCUET Accountancy 2025 14 May Shift 22026
The profit on reissue of forfeited shares is transferred to which of the following accounts?
Q5mediummcqCUET AccountancyCUET Accountancy 2025 2 June Shift 22026
A share of was issued at a premium of . was payable on application and was payable on allotment (including premium). A shareholder who had applied for shares was allotted only shares and due to non-payment of allotment money, his shares were forfeited. In this case, the amount to be debited to Securities Premium A/c on forfeiture of these shares is:

Frequently Asked Questions

How many Forfeiture Of Shares questions are on ExamTest.live?▼
We have 5 Forfeiture Of Shares questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
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Which exams include Forfeiture Of Shares questions?▼
Forfeiture Of Shares questions are commonly asked in Accountancy, CUET Accountancy. You can filter by exam using the links above.
How do I practice Forfeiture Of Shares questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.