MCQOPTIONS
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| 1. |
Premium received on issue of shares is shown on-----------. |
| A. | Asset side of the balance sheet |
| B. | liability side of the balance sheet |
| C. | credit side of the P&L a/c |
| D. | debit side of the P & L a/c |
| Answer» C. credit side of the P&L a/c | |