If vendors are issued fully paid shares of Rs. 1,00,000 in con- sideration of net asset worth Rs.85,000, the balance of Rs. 15,000 will be debited to
AGoodwill Account
BProfit & Loss Account
CCapital Reserve Account
DNone of these
AGoodwill Account
BProfit & Loss Account
CCapital Reserve Account
DNone of these
Related Questions:
A banker may refuse to honor a cheque if:
There is a legal bar preventing the payment of the cheque
The cheque is handwritten
The customer has made any online transaction on the same day