Asked/Added Questions From NCERT:

Question 1. Asked on :08 August 2021:04:49:03 AM

The Securities Premium amount may be utilized by a company for:
a) Writing off any loss on sale of fixed asset
b) Writing off any loss of revenue nature
c) Payment of dividends.
d) Writing off the expenses / discount on the issue of debentures.

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

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