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

  • question_answer
    A Ltd. purchased the business of B Ltd. For Rs.6,75,000 payable in fully paid shares of Rs.10 each at a premium of 25%. Number of shares to be issued by A Ltd. will be

    A) 6,75,000

    B) 67,500

    C) 54,000

    D) Nil

    Correct Answer: C

    Solution :

    54,000


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