1 Forfeiture of Shares questions from CUET Accountancy 2025 2 June Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Forfeiture of Shares โ CUET Accountancy 2025 2 June Shift 2(1โ1 of 1)
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A share of Rs.ย 10 was issued at a premium of Rs.ย 3. Rs.ย 3 was payable on application and Rs.ย 5 was payable on allotment (including premium). A shareholder who had applied for 100 shares was allotted only 50 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:
CUET Accountancy 2025 2 June Shift 2 Forfeiture of Shares โ FAQ
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Our database has 1 Forfeiture of Shares questions from CUET Accountancy 2025 2 June Shift 2 covering 2026 to 2026.
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Visit /tag/forfeiture-of-shares to see all Forfeiture of Shares questions across all exams including CUET UG 2024 Accountancy Question Paper (17-May-2024) (Shift 3), CUET Accountancy 2025 30 May Shift 2, CUET Accountancy 2025 14 May Shift 2.