If shares of ₹ 4,00,000 are issued for purchase of assets of ₹ 5,00,000, ₹ 1,00,000 will be treated as ______
goodwill company accounts correct; share issue forfeiture pro-rata per Companies Act.
Ref: NCERT Accountancy Class XII Chapter 6 Share Capital explains issue forfeiture reissue pro-rata allotment calls arrears accounting treatment Schedule III.