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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 4 · Set 3 · Q6
As per the provisions of Companies Act, 2013 Securities Premium cannot be utilized for 1
As per the provisions of Companies Act, $\displaystyle 2013$ Securities Premium cannot be utilized for $\displaystyle 1$
Official answer
(B)
issue of partly paid bonus shares
Marking-scheme solution
(B)
issue of partly paid bonus shares
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.