MCQOPTIONS
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| 1. |
Loss or profit on realisation a/c is transferred by the transferor company, under amalgamation to |
| A. | (a) Preference shareholders a/c |
| B. | (b) Equity Shareholders Account |
| C. | (c) Profit & loss appropriation a/c |
| D. | (d) Debentureholders Account |
| Answer» C. (c) Profit & loss appropriation a/c | |