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Question
For which of the following purposes the amount of securities premium can be utilized?
Options
to issue fully paid bonus shares to an extent not exceeding unissued share capital of the company;
to write off preliminary expenses of the company
to write off the expenses of, or commission paid, or discount allowed on any of the shares or debentures of the company;
All of the above
MCQ
Solution
All of the above.
shaalaa.com
Accounting Treatment for Share Capital
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