If shares of Rs 4,00,000 are issued for purchase of assets of Rs 5,00,000, Rs 1,00,000 will be treated as ..........
A. Discount
B. Premium
C. Profit
D. Loss
Answer:B
If shares of Rs 4,00,000 are issued for purchase of assets of Rs 5,00,000, Rs 1,00,000 will be treated as ..........
A. Discount B. Premium C. Profit D. Loss