Which of the following actions, when taken by a company, will not change the balance it has
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Which of the following actions, when taken by a company, will not change the balance it has on its Share capital account?
(a) Make a fresh issue of shares for cash
(b) Make a rights issue of shares
(c) Receive from the shareholders the calls which were in arrears
(d) Make a call on the partly called-up shares already in issue
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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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