Capital Profit arises from which of the following?
A) Profit prior to incorporation.
B) Premium received on issue of shares.
C) Profit made on re-issue of forfeited shares.
D) All of the above.
Correct Answer:
Verified
Q43: Goods are transferred from Department X to
Q44: Bad debts Recovered `1,000. It will be
A)Credited
Q45: Which of the following purpose is served
Q46: _ contains the transactions relating to goods
Q47: The basic principles of _ concept is
Q49: Which of the following cannot be detected
Q50: The concept that business is assumed to
Q51: In the hire purchase system interest charged
Q52: Goods are transferred from Department A to
Q53: Bad debts Recovered `750. It will be
A)Credited
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