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  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
    Equity shares cannot be issued for the purpose of:

    A) Cash Receipts

    B) Purchase of assets

    C) Redemption of debentures

    D) Distribution of dividend

    Correct Answer: D

    Solution :

    [d] Distribution of dividend


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