Balance of share forfeiture account is shown in the balance sheet under the head hellip hellip helli...........

General Accounting Principles Accounting for Shares

Balance of share forfeiture account is shown in the balance sheet under the head ……………

Share Capital Account

Reserve and Surplus

Current Liabilities and Provisions

Unsecured Loans

The balance of share forfeiture account is shown in the balance sheet under the item "Share Capital".

The closing balance of share forfeiture account will be shown in the reserves and surplus account

Submit Error

Kindly explain again.something went wrong

Atul Sambharia

Can you elaborate

It's it is added to reserves and surplus account