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Question
A company with share capital must issue ...................... shares.
Options
(a) equity
(b) preference
(c) right
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Solution
(a) Equity
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RELATED QUESTIONS
Debenture certificate must be issued within ___________ months of allotment.
TRK Ltd. issued 767, 9% debentures of Rs.100 each on 1-1-2016. Pass necessary journal entries for the issue of debentures in the following situations:
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Pass the necessary journal entries for the issue of debentures in the following cases:
Rs 30,000, 12% debentures of Rs 100 each issued at a discount of 5% redeemable at par.
Pass the necessary journal entries for the issue of debentures in the following cases:
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