Archive | Forfeiture and Reissue

In this article we will discuss about the Forfeiture and Reissue of Shares:- 1. Introduction to Forfeiture and Reissue of Shares 2. Journal Entries on Forfeiture (or Surrender) and Reissue of Shares 3. Solved Illustrations. Introduction to Forfeiture and Reissue of Shares: If a shareholder fails to pay allotment money or a call or a part thereof by the last [...]