What is the entry for forfeiture of shares?
Answer Posted / gopal choudhary
share capital a/c dr
to share forfeiture a/c
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What is wealth maximisation
Expand-------IETF
Short Answer on ______________Import Trade
An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?
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