Forfeiture & Reissue of Shares | Class 12 Accountancy | Share Capital | CA Manish Kalra

In this class, we will study Forfeiture and Reissue of Shares, an important topic from Accounting for Share Capital in Class 12 Accountancy. Students will learn when shares are forfeited, how forfeiture is recorded, and how forfeited shares are reissued. This topic is very important for journal entries, numericals, and balance sheet presentation in CBSE board exams. What will be covered: Meaning of Forfeiture of Shares Reasons for Forfeiture Journal entries for Forfeiture of Shares Meaning of Reissue of Forfeited Shares Reissue at par, discount, and premium Maximum discount on reissue Treatment of forfeited amount Transfer to Capital Reserve Board-oriented numericals and exam tips This session is ideal for Class 12 CBSE students preparing for the 2026 Board Examination. Channel: Success Mantra for Class 11 and 12 Educator: CA Manish Kalra