MCQOPTIONS
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| 1. |
If vendors are issued fully paid shares of 1,25,000 in consideration of net assets of ?1,50,000, the balance of 25,000 will be credited to : |
| A. | Statement of Profit & Loss |
| B. | Goodwill Account |
| C. | Security Premium Reserve Account |
| D. | Capital Reserve Account |
| Answer» D. Capital Reserve Account | |