What is maximum amount of discount which may be allowed on reissue of forfeited shares? (C.B.S.E, 2014) Post category:Accountancy Reading time:1 mins read SOLUTION The amount credited to Forfeited Share Account. Please Share This Share this content Opens in a new window Twitter Opens in a new window Facebook Opens in a new window Google+ Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostWhat is meant by surrender of shares? Next PostWhere would you transfer the balance left in the share forfeited account after the reissue of such shares? You Might Also Like Give two circumstances in which the Gaining Ratio is computed. October 8, 2022 Following is the Balance Sheet of Fine Products Ltd. as at 31st March, 2019: August 18, 2022 A, B and C are partners sharing in the ratio of 3: 2: 1. They admit D for l / 4th share. It is agreed that B would retain his original share. New ratio will be………. (C.B.S.E. Comptt. 2019) September 27, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.