Accountancy, asked by rajvardhan88, 6 months ago

Which of the following is not a purpose for which the Securities Premium
amount can be used ?
(a) Issuing fully paid bonus shares to shareholders.
(b) Issuing partly paid up bonus shares to shareholders.
Writing off preliminary expenses of the company.
(d) In purchasing its own shares (buy back)

Answers

Answered by aishwaryapayaprap534

20

Answer:

Options d. is right.

Explanation:

make me brilliantest

Answered by kaursehaj815

6

Answer:

the right answer is (b) issuing partly paid-up bonus shares to shareholders

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