Vidyalelo
Commerce · Q1725

Accounting

Graduate and Post Graduate · Commerce · question 1725

Q1725

If vendors are issued fully paid shares of Rs. 12,000 in consideration of net assets of Rs. 9,000, then the balance of Rs. 3,000 will be

A.
credited to Securities Premium A/c
B.
credited to Capital Reserve A/c
C.
debited to Goodwill A/c
Answer
D.
debited to Profit and Loss A/c

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board