P2 C1 ACCOUNTING FOR SHERE CAPITAL — Elements of Account STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C1 ACCOUNTING FOR SHERE CAPITAL1 Mark
Question
What $15$ shares issued by private placement?
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Answer
When promoters of a public company are confident enough of raising capital through private sources and contacts then it is known as shares issued by private placement.
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