When bonus share are received the average cost of the existing shares are …………………………….
A) Reduced
B) Increased
C) equal
D) none of these
Correct Answer:
Verified
Q8: Cum - interest means ………………………………………
A)Excluding interest
B)Exclusive of
Q9: Investment made for long period are called
Q10: ………………….. investment made for earning regular income
A)short
Q11: Investment in government debentures , bonds etc.
Q12: A ledger maintained where separate investment account
Q14: Bonus shares are issued by ……………….. free
Q15: Bonus shares are issued out of ……………………………………………….
A)capital
Q16: Right shares are issued to ………………….. share
Q17: Investment account is ………………………. Account
A)Personal
B)Nominal
C)Real
D)Revenue a/c
Q18: Sale of right is a ………………….. receipt
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