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What is the entry for forfeiture of shares?

Answers were Sorted based on User's Feedback



What is the entry for forfeiture of shares?..

Answer / nabi

Share capital A/c dr
To Forfeiture A/c

Is This Answer Correct ?    49 Yes 8 No

What is the entry for forfeiture of shares?..

Answer / yamini

share capitala/c
to share forefeiture a/c

Is This Answer Correct ?    41 Yes 6 No

What is the entry for forfeiture of shares?..

Answer / chinmay mishra

Share capital a/c dr(with the amount of money actually
called)
Securities premium a/c dr(if not received)
To unpaid calls a/c(call amount not received)
To disount on issue of share a/c(if shares were
at a discount)
To shares forfeited a/c(with amount already
received)

Is This Answer Correct ?    23 Yes 4 No

What is the entry for forfeiture of shares?..

Answer / varun kumar gautam

share capital A/c ....
To forfeited share A/C
To various unpaid call A/c

Is This Answer Correct ?    9 Yes 0 No

What is the entry for forfeiture of shares?..

Answer / gopal choudhary

share capital a/c dr
to share forfeiture a/c

Is This Answer Correct ?    13 Yes 5 No

What is the entry for forfeiture of shares?..

Answer / tapan sanghvi

share application money Dr
to share forfeiture account

Is This Answer Correct ?    2 Yes 18 No

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