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Reissue of Shares in Accounting

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Reissue of Shares in Accounting

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Played 1
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Created by

KAVYA KV
KAVYA KV
India

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Reissue of Shares in Accounting
 

Reissue of Shares in AccountingOnline version

YES OR NO

by KAVYA KV
1

Can forfeited shares be reissued at a discount?

2

Can the discount on reissue exceed the amount forfeited on those shares?

3

Is the Share Forfeiture Account a capital profit?

4

Is the balance of Share Forfeiture Account transferred to Capital Reserve after reissue?

5

Can forfeited shares be reissued at a premium?

6

Is Securities Premium Account credited when shares are reissued at a premium?

7

Is Bank Account debited at the time of reissue of shares?

8

Can forfeited shares be reissued at a discount greater than their face value?

 
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