The process of issuing shares to a vendor in exchange of any asset is known as: Option 1: Issue of share for cash Option 2: Issue of share at discount Option 3: Issue of share at premium Option 4: Issue of share for consideration other than cash

The answer is 'Issue of share for consideration other than cash'. View full solution:

CUET Accountancy - The process of issuing shares to a vendor in exchange of any asset is known as: | PYQs + Solutions

CUET Accountancy 2022 30 Aug Shift 2

Company Accounts

Easy

Issue of share for cash

Issue of share at discount

Issue of share at premium

Issue of share for consideration other than cash

✅ Correct Option: 4