

InterviewSolution
Saved Bookmarks
1. |
Write 5 uses of securities premium reserve fund |
Answer» When the company allots SHARES for the FIRST time these shares can be issued at their nominal price or above or below such a nominal price. The accounting for shares issued at premium and shares issued at discount varies a little. So let us see these accounting TREATMENTS and ALSO look at the securities premium account in some detail. |
|