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Company Accounts – Issue of Shares — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyCompany Accounts – Issue of Shares1 Mark
MCQ
Premium received on issue of shares is shown to ______________
  • ✓
    Liability side of Balance Sheet
  • B
    Asset side of Balance Sheet
  • C
    Profit & Loss A/c debit side
  • D
    Profit & Loss A/c credit side
✓

Answer

Correct option: A.
Liability side of Balance Sheet
Liability side of Balance Sheet

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