If vendors are issued debentures of Rs 1 00 000 in...

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If vendors are issued debentures of Rs. 1,00,000 in consideration of net assets of Rs. 1,20,000, the balance of Rs. 20,000 will be credited to:

A. Goodwill Account

B. Capital Reserve Account

C. Profit and Loss Account

D. General Reserve Account

Answer: Option B

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