Q. Capital Profit arises from which of the following? (Solved)
1. Profit prior to incorporation;
2. Premium received on issue of shares;
3. Profit made on re-issue of forfeited shares;
4. All of the above.
- d. All of the above.
1. Profit prior to incorporation;
2. Premium received on issue of shares;
3. Profit made on re-issue of forfeited shares;
4. All of the above.