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Apart from issuing shares to the general public for cash, list two other groups to whom a company could issue shares for consideration other than cash. - Accounts

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Question

Apart from issuing shares to the general public for cash, list two other groups to whom a company could issue shares for consideration other than cash.

Very Short Answer
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Solution

  1. Issue of Shares to Promoters.
  2. Issue of Shares to Underwriters.
  3. Issue of Shares to Vendors.
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Chapter 6: Company Accounts - Issue of Shares - SHORT ANSWER QUESTIONS [Page 6.147]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 6 Company Accounts - Issue of Shares
SHORT ANSWER QUESTIONS | Q 19. | Page 6.147
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