Accounting Treatment for Reissue of Forfeited Shares | Accounting

In this article we will discuss about the accounting treatment for reissue of forfeited shares, explained with the help of suitable illustrations. Forfeited shares may either be cancelled or reissued. Such shares once forfeited can be reissued to any person within reasonable time and at reasonable price. They can be reissued at par, at premium or at discount. However, the [...]