Discount allowled on reissue of forfeited shares is debited to:
A. Share Capital A/c
B. Share Forfeiture A/c
C. Profit & Loss A/c
D. General Reserve A/c
Answer:B
Discount allowled on reissue of forfeited shares is debited to:
A. Share Capital A/c B. Share Forfeiture A/c C. Profit & Loss A/c D. General Reserve A/c