Скачать или смотреть Reissue of Forfeited Shares meaning with Example Share Capital Class 12 - Explained with Animation

Reissue of Forfeited shares means selling again the shares which are forfeited previously due to non-payment of calls by the shareholder(s). 
Reissue of forfeited shares means selling of already issued shares to some other person or business. Reissue word does not mean to issue forfeited shares again in the share market rather than it means shares are sold to another person or company. Once shares were issued can't issue again in the share market, just the company or owner of shares can sell these shares to other owners. 
Reissued at Par
Reissued at Discount 
Reissued at Premium

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0:00 introduction of Reissue of Shares
1:43 Meaning of Reissue of Shares
2:27 Journal Entry for Reissue of Shares
4:42 Maximum Permissible discount on Reissue of Forfeited Shares
5:50 Transfer of balance of Forfeited Share Account
7:40 Illustraration

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