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State whether you agree or disagree with the following statements.

i. When shares are Forfeited Shares Capital Account is credited.

ii. Directors can re-issue forfeited shares.

iii. When the issued price of a share is ₹ 12 and face value is ₹ 10, the share is said to be issued at a premium.

iv. A public limited company can issue its share without issuing its prospectus.

v. Shares can be issued for consideration other than cash.

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