Multiple Choice Questions on If Vendors are issued debentures of Rs80 000 in consideration of net assets of Rs1 00 000 the balanc........... for Commerce 12th Preparation

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Multiple Choice Questions

If Vendors are issued debentures of Rs80 000 in consideration of net assets of Rs1 00 000 the balanc...........

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    If Vendors are issued debentures of Rs80,000 in consideration of net assets of Rs1,00,000, the balance of Rs20,000 will be credited to :

    Statement of Profit & Loss

    Incorrect Answer

    Goodwill Account

    Incorrect Answer

    General Reserve Account

    Incorrect Answer

    Capital Reserve Account

    Correct Answer
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    Explanation:

    Capital Reserve Account

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