Reissue of forfeited share is not but only a .

allotment

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profit

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sale

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loss

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Solution

The correct options are
A allotment
C sale
Reissue of shares is merely a sale of forfeited shares and not an allotment of shares

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Similar questions

Reissue of forfeited share is not __________ but only a __________.

Q. The balance of the forfeited shares account after reissue of forfeited shares is transferred to _______________.

Q. The balance of share forfeited account after the reissue of forfeited shares is transferred to ________________.

Q. The discount allowed on reissue of forfeited shares is debited to _________________.

The amount receivable on reissue of shares together with the amount forfeited, shall not, in any case be less than the original issue price of the shares.

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Reissue of forfeited share is not but only a .

The correct options are A allotment C sale Reissue of shares is merely a sale of forfeited shares and not an allotment of shares

The correct options are
A allotment
C sale
Reissue of shares is merely a sale of forfeited shares and not an allotment of shares