Calculate, the amount credited to Security Premium Account as on 1.4.2024 on the basis of information provided in Question No. 22.

CS Executive · Corporate and Management Accounting · PYQS · December 2024
Calculate, the amount credited to Security Premium Account as on 1.4.2024 on the basis of information provided in Question No. 22.
(A) ₹ 50,000
(B) ₹ 48,000
(C) No amount will be credited to security premium a/c
(D) None of the above

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A), (D).

Topics: Debentures

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