Q1944
If the fully paid-up shares of Rs. 80,000 are issued to sellers in consideration of net assts of Rs. 60,000 the balance of Rs. 20,000 will be
A.
Debited to profit and loss account
B.
Debited to Goodwill account
AnswerC.
Credited to capital reserve account
D.
Eradiated to security premium account
Answer: Option B
Solution
Answer: Option B
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