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Question

Shares issued for consideration other than cash means ___



A

None of the above

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B

Shares are not issued

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C

Shares are issued but something other than money is received

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D

Shares are issued but nothing is received

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Solution

The correct option is D

Shares are issued but something other than money is received


Shares issued for consideration other than cash means shares are issued but something other than money is received.


Accountancy

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