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Commerce · Q1729

Accounting

Graduate and Post Graduate · Commerce · question 1729

Q1729

Reconstruction of a company takes place when 1. the company is undercapitalised. 2. company has incurred heavy losses which must be written off. 3. the company is overcapitalised. Select the correct answer:

A.
Both 1 and 2
B.
Both 1 and 3
C.
Both 2 and 3
Answer
D.
All of the above

Answer: Option C

Solution

Answer: Option C
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