If equity share are forfeited then capital account is debited with

The correct answer is D. Uncalled amount on shares.

When equity shares are forfeited, the amount that is not paid by the shareholder is called the uncalled amount. This amount is debited to the capital account. The face value of the share is the amount that is printed on the share certificate. The prepaid amount of shares is the amount that is paid by the shareholder in advance. The called amount on shares is the amount that is payable by the shareholder on the shares.

Here is a more detailed explanation of each option:

• Option A: Face value of share. The face value of the share is the amount that is printed on the share certificate. This amount is not debited to the capital account when equity shares are forfeited.
• Option B: Prepaid amount of shares. The prepaid amount of shares is the amount that is paid by the shareholder in advance. This amount is not debited to the capital account when equity shares are forfeited.
• Option C: Called amount on shares. The called amount on shares is the amount that is payable by the shareholder on the shares. This amount is not debited to the capital account when equity shares are forfeited.
• Option D: Uncalled amount on shares. The uncalled amount is the amount that is not paid by the shareholder. This amount is debited to the capital account when equity shares are forfeited.