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AS
Question Practice

When shares are reissued at a discount, which account is affected?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Accounting for Share Capital
Question Bank

When shares are reissued at a ...

Single Answer MCQ
Q-00082481

When shares are reissued at a discount, which account is affected?

1

Capital Reserve A/c

2

Share Forfeiture A/c

3

Bank A/c

4

Share Application A/c

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What are the features of a company according to the chapter Accounting for Share Capital?

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Q4.

Which of the following is true about the liability of shareholders in a company limited by shares?

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