Across
- 5. Balance in forfeited shares Account is shown in B/s under this head
- 6. Called at the time of winding up of Company only
- 7. When shares are forfeited ,Share capital Account is debited with this A/c
- 8. employees can subscribe to the shares at lower price
- 9. money received in parts
Down
- 1. Maximum capital the company can raise
- 2. invitation to subscribe to a select group of members
- 3. Amount received over & above the face value
- 4. money received completely
- 7. incorporated by group of persons for starting a legal business activity