Vidyalelo
Commerce · Q1677

Accounting

Graduate and Post Graduate · Commerce · question 1677

Q1677

Money received on issue of share which is more than the nominal value of shares is credited to which account?

A.
Security premium account
Answer
B.
Discount account
C.
Share capital account
D.
Profit and loss account

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board
PreviousNext
All Accounting questions