2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting For Share Capital

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

  • question_answer
    X Ltd. purchased the business of B Ltd. for Rs.6,00,000 payable in fully paid shares of Rs.10 each. Number of shares to be issued by X Ltd. _______

    A) 6,00,000

    B) 60,000 

    C) Nil

    D) None of these

    Correct Answer: B

    Solution :

    60,000


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