Q965
Which of the following is not correctly matched in the term of Loss/income and Nature?
A.
Interest payable on debentures ⇔ A charge against profit of the company
B.
Loss on issue of debenture ⇔ Deferred revenue expenditure
C.
Premium on issue of shares ⇔ Capital profits
AnswerD.
Pre-incorporation profit ⇔ Capital profits
Answer: Option C
Solution
Answer: Option C
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