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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 is sweat equity share?
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Answer

Shares issued by the company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available intellectual property rights.

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