When a company converts its equity shares into the capital stock, then the account to be credited

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When a company converts its equity shares into the capital stock, then the account to be credited is: 

(a). Preference Share Capital A/c 

(b). Equity Share Capital A/c 

(c). Equity Capital Stock A/c 

(d). No entry is required

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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