Accounting · Share Capital
Discount on the re-issue of forfeited shares cannot exceed:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 110% of the paid-up capital
- 2The amount received on forfeited shares✓
- 310% of the capital to be re-issued
- 4The amount not received on forfeited shares
Correct answer
The amount received on forfeited shares
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