1.

4,000 Equity Shares of Rs. 10 each were issued at 8% premium to the promoters of a company for their services. Goodwill Account/ incorporation Cost Account will be debited with ? (A) Rs.40,000 (B) Rs.43,200 (C) Rs.3,200 (D) Rs.36,800

Answer»

Correct option is (B) Rs.43,200



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