During the year a company used the balance it had in its Share premium account for all
Question:
During the year a company used the balance it had in its Share premium account for all of the following purposes. Which one is correct?
(a) Write off expenses of company formation
(b) Write off the cost of issuing bonus shares
(c) Write off goodwill acquired when another business was bought as a going concern
(d) Write off expenses of issuing shares
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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