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Commerce · Q2557

Accounting

Graduate and Post Graduate · Commerce · question 2557

Q2557

Which of the following is not an alteration of capital?

A.
Consolidation of shares
B.
Sub-division of shares
C.
Conversion of shares into stock
D.
Paid offpaid up capital in excess of needs of the company
Answer

Answer: Option D

Solution

Answer: Option D
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