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12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    Vinod Limited purchased Furniture for Rs.4,05,000 from Kisan Limited. The payment was made by issue of Equity Shares of Rs.10 each. How many shares are to be issued?

    A) 50,000 Shares 

    B) 40,000 Shares 

    C) 40,500 Shares 

    D) 35,000 Shares

    Correct Answer: C

    Solution :

    40,500 Shares


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