Which one of the following is a source of fund ?
A)issue of shares in consideration of machinery purchased
B)issue of bonus shares
C)issue of right shares
D)issue of shares for cash

Name: Which one of the following is a source of fund ? A)issue of shares in consideration of machinery purchased B)issue of bonus shares C)issue of right shares D)issue of shares for cash
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Question

Quizplus · Accepted Answer

Issuing shares for cash is a source of funds as it brings new cash into the company.

Which One of the Following Is a Source of Fund