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
Q9: The Capital Redemption reserve is created for
Q10: Which of the following accounts can be
Q11: According to sec. 100(1)(c) of the companies
Q12: Which of the following is not a
Q13: A company can issue share at a
Q15: Bonus shares are issued by _ free
Q16: Bonus shares are issued out of _
A)capital
Q17: Right shares are issued to _ shareholders
A)previous
B)existing
C)future
D)none
Q18: Forfeiture of shares results in compulsory termination
Q19: Securities premium account can be used for
A)paying
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