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Share Forfeiture | Meaning, Journal Entries & Examples | Class 12 Accountancy 📘 Description: In this video, we explain Share Forfeiture in a simple and exam-oriented way. This topic is very important for Class 11 & Class 12 Accountancy and is frequently asked in board exams. 🔍 What you will learn in this video: ✔ Meaning of Share Forfeiture ✔ Reasons for forfeiture of shares ✔ Procedure of share forfeiture ✔ Journal Entries related to share forfeiture ✔ Practical numerical examples ✔ Treatment of Forfeited Shares Account ✔ Important exam points & tips 📖 What is Share Forfeiture? Share forfeiture means cancellation of shares by the company when a shareholder fails to pay allotment or call money on time. The amount already received by the company is not refunded. 🎯 Best for: 📚 Class 11 Commerce 📚 Class 12 Accountancy 🧮 CBSE / ISC / State Board students 📝 Exam & revision preparation 👍 Like | Share | Subscribe अगर आपको वीडियो पसंद आए तो LIKE 👍 करें, अपने दोस्तों के साथ SHARE 📤 करें, और ऐसे ही कॉन्सेप्ट क्लियर वीडियो के लिए CHANNEL SUBSCRIBE 🔔 करें. 🔖 Tags (for better reach): #ShareForfeiture #ForfeitureOfShares #Class11Accountancy #Class12Accountancy #CompanyAccounts #CommerceStudents #BoardExams #JournalEntries