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If vendors are issued fully paid shares of ₹ 1,00,000 in consideration of net assets of ₹ 1,20,000 the balance of ₹ 20,000 will be credited to :(a) Goodwill Account (b) Securities premium account (c) Vendor’s Account(d) Profit & Loss Account |
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Answer» Correct option is (b) Securities premium account |
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