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N.2 When a company makes a rights issue of equity shares which of the following effects will the issue have? 1 Assets are increased 2

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N.2 When a company makes a rights issue of equity shares which of the following effects will the issue have? 1 Assets are increased 2 Retained earnings are reduced 3 Share premium account is reduced 4 Investments are increased A 1 only B 1 and 2 C 3 only D 1 and 4

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