6,000 debentures of ₹ 10 each where discharged by issuing equity shares of ₹ 10 each at 20% premium. The number of shares issued will be :
A. 50,000
B. 60,000
C. 5,000
D. 6,000
Answer:C
6,000 debentures of ₹ 10 each where discharged by issuing equity shares of ₹ 10 each at 20% premium. The number of shares issued will be :
A. 50,000 B. 60,000 C. 5,000 D. 6,000