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Share Capital and Types of Shares — SPCC STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceSPCCShare Capital and Types of Shares1 Mark
MCQ
For which matter does the amount of share premium not utiised?
  • A
    Write off preliminary expenses
  • B
    To issue bonus share on fully paid, up shares
  • ✓
    To declare dividend
  • D
    To write off underwriting commission expenses
✓

Answer

Correct option: C.
To declare dividend

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