If debentures of Rs. 4,50,000 are issued to the sellers for the consideration of net assets of Rs. 5,00,000 balance Rs. 50,000

Monjur Alahi

If debentures of Rs. 4,50,000 are issued to the sellers for the consideration of net assets of Rs. 5,00,000 balance Rs. 50,000 will be credited to which account ? 

(A) Profit & Loss statement 

(B) Goodwill account 

(C) General Reserve A/C 

(D) Capital Reserve A/C


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Salim Ahmed Kawsar

Call

Correct option is: (A) Profit & Loss statement

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