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  • CA CPT Test Series 1
  • Amount received on right shares transfers to which account?
Multiple choice

Amount received on right shares transfers to which account?

  1. Share capital account

  2. Capital reserve account

  3. Securities premium account

  4. Forfeited share account

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

 Amount received on right shares increased the value of share capital.

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