Teaching Accountancy Company Accounts Question Bank MCQ - Company Accounts

  • question_answer
    For which of the following purposes, share premium can be used?

    A)  In writing off the discount on debentures of the company

    B)  In writing off the preliminary expenses of the company

    C)  In providing for the premium payable on the redemption of preference shares,

    D)  All of the above

    Correct Answer: D


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