Whenever securities premium is received and the shares are forfeited- what will be the treatment in Securities Premium A - c -A- Securities Premium A-c will be debitedB- Securities Premium A-c will be creditedC- Securities Premium A-c will not be debitedD- None of these

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Forfeiture of Shares-Issued at Premium

Whenever secu...

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Whenever securities premium is received and the shares are forfeited, what will be the treatment in Securities Premium A/c?

Securities Premium A/c will be debited

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Securities Premium A/c will be credited

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Securities Premium A/c will not be debited

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None of these

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