Issue of Shares for Consideration other than Cash Questions
1 Issue of Shares for Consideration other than Cash questions from CUET Accountancy 2025 30 May Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Issue of Shares for Consideration other than Cash โ CUET Accountancy 2025 30 May Shift 2(1โ1 of 1)
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Jain and Co. purchased a machine from Young Life Machine Limited for Rs. 3,80,000. As per the purchase agreement, Rs. 20,000 were paid in cash and balance by issue of shares of Rs. 100 each. How many shares are issued if the shares are issued at 20% premium?
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