Question

78) shares of rupees hundred each (paid up value rupees 90 each) are reduced to shares of nominal
values of rupees 90 each in a scheme of reconstruction
A. There will be credit of rupees 10 per share to capital reduction account
B. There will be credit of rupees 90 Per share capital reduction account
C. There will be credit of rupees hundred per share to capital reduction account
D. There will be no credit to capital reduction account​

Answer 1

Answer:

option A us correct in this question