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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 4 · Set 1 · Q16
If vendors are issued fully paid shares of ₹ 1,25,000 in purchase consideration of net assets of ₹ 1,50,000, the balance of ₹ 25,000 will be credited…
If vendors are issued fully paid shares of ₹ $\displaystyle 1,25,000$ in purchase consideration of net assets of ₹ $\displaystyle 1,50,000$, the balance of ₹ $\displaystyle 25,000$ will be credited to :
Official answer
(C)
Capital Reserve Account
Marking-scheme solution
(C)
Capital Reserve Account
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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.