question_answer

Vinod Ltd. purchased assets from Dinesh & Sons for Rs.3,50,000. A sum of Rs.75,000 was paid by means of a bank draft and for the balance due Vinod Ltd. issued equity shares of Rs.10 each at a premium of 10%. No. of shares to be issued to Dinesh & Sons __________

A) 20,000 Shares

B) 30,000 Shares

C) 35,000 Shares

D) 25,000 Shares