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Question 1. Asked on :08 August 2021:04:35:45 AM

If forfeited shares (which were originally issued at a discount) are reissued at a premium, the amount of such premium will be credited to__________.

a) Share forfeiture account.

b) Securities premium account.

c) Capital reserve account.

d) Discount on issue of shares account.

-Added by Master Purushottam Accountancy » Issue Of Share Capital MCQs

 

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