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When a company reissues forfeited shares at a premium, what journal entry is made?a)Debit to Share Forfeited Account, credit to Securities Premium Account.b)Debit to Bank Account, credit to Share Capital Account.c)Debit to Securities Premium Account, credit to Share Forfeited Account.d)Debit to Share Capital Account, credit to Bank Account.Correct answer is option 'A'. Can you explain this answer? for B Com 2025 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about When a company reissues forfeited shares at a premium, what journal entry is made?a)Debit to Share Forfeited Account, credit to Securities Premium Account.b)Debit to Bank Account, credit to Share Capital Account.c)Debit to Securities Premium Account, credit to Share Forfeited Account.d)Debit to Share Capital Account, credit to Bank Account.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When a company reissues forfeited shares at a premium, what journal entry is made?a)Debit to Share Forfeited Account, credit to Securities Premium Account.b)Debit to Bank Account, credit to Share Capital Account.c)Debit to Securities Premium Account, credit to Share Forfeited Account.d)Debit to Share Capital Account, credit to Bank Account.Correct answer is option 'A'. Can you explain this answer?.

Solutions for When a company reissues forfeited shares at a premium, what journal entry is made?a)Debit to Share Forfeited Account, credit to Securities Premium Account.b)Debit to Bank Account, credit to Share Capital Account.c)Debit to Securities Premium Account, credit to Share Forfeited Account.d)Debit to Share Capital Account, credit to Bank Account.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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