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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 Shares2 Marks
Question
Shares are always issued at par.
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Answer

This statement is False.
Depends on the company’s position in the market, the company can issue shares at par or at a premium, or a discount.

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