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 :

Question

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Capital Reserve Account

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Statement of Profit & Loss

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Goodwill Account

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Security Premium Reserve Account

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

Discussion