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Question
Premium received on issue of shares is shown to __________.
Options
Liability side of Balance Sheet
Asset side of Balance Sheet
Profit & Loss Account debit side
Profit & Loss A/c credit side
MCQ
Fill in the Blanks
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Solution
Premium received on issue of shares is shown to Liability side of Balance Sheet.
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Chapter 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [Page 338]
