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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
share premium?
 Question Submitted By :: B.sathyanarayana
I also faced this Question!!     Rank Answer Posted By  
 
  Re: share premium?
Answer
# 1
share premium is an premium which we earn on the total 
amount of share given by the company
 
Is This Answer Correct ?    5 Yes 20 No
Abhilesh
 
  Re: share premium?
Answer
# 2
Share premium is a premium which we earn from our 
shares......
It is the return from our shares.
 
Is This Answer Correct ?    3 Yes 23 No
Jj
 
 
 
  Re: share premium?
Answer
# 3
Sharepremium is nothing but the amount which we paid at the 
time of purchasing a share more then the face value of the 
share.
 
Is This Answer Correct ?    34 Yes 2 No
Pavan Kumar
 
  Re: share premium?
Answer
# 4
PAVAN KUMAR SAID right,
sharepremium is the amount collect by the company more than 
the Face vaule of share.
its a shows in the liabilities side of B/s.
 
Is This Answer Correct ?    23 Yes 1 No
Ganesh Reddy
 
  Re: share premium?
Answer
# 5
share premium is an premium which we earn on the total 
amount of share given by the company.
 
Is This Answer Correct ?    2 Yes 13 No
Ramana Mfm
 
  Re: share premium?
Answer
# 6
share premium is the amount get by shareholders on the total
number of share holding. its part of net profit of the company.
 
Is This Answer Correct ?    1 Yes 14 No
Navin
 
  Re: share premium?
Answer
# 7
The share premium account of a company is the capital that 
a company raises upon issuing shares that is in excess of 
the nominal value of the shares.
 
Is This Answer Correct ?    13 Yes 0 No
Rasheeda
 
  Re: share premium?
Answer
# 8
Whatever share issued in excess of face value is credited 
to share premium account. It can be used for limited 
purpose only. It is shown under reserve and surplus head.
 
Is This Answer Correct ?    10 Yes 0 No
Ca. Pawan Kumar Garg
 
  Re: share premium?
Answer
# 9
Premium is the amount paid by us while purchasing  a share
.which is more the face  value of a    share.
Eg Face value of a share-Rs.10 issued at  Rs.12
so in this case Rs.2 is premium.
 
Is This Answer Correct ?    8 Yes 0 No
Simran
 
  Re: share premium?
Answer
# 10
Share Premium:- Excess amount received by a firm over the 
par value of its shares. This amount forms a part of the 
non-distributable reserves of the firm which usually can be 
used only for purposes specified under corporate 
legislation.
 
Is This Answer Correct ?    7 Yes 0 No
Jakka Suresh Kumar
 
  Re: share premium?
Answer
# 11
Share premium : It is a the value more than the Company's 
Face value for Eg ; If a share face value is  rs 5 but it 
is issued at the rate of 10/share then the difference 
between the face value and the issued price here the diff= 
5 so this Rs.5  is the share premium
 
Is This Answer Correct ?    8 Yes 0 No
Janani
 
  Re: share premium?
Answer
# 12
A share premium is the amount paid for an equity in excess 
of its nominal value, that is; its market value less its 
book cost.
 
Is This Answer Correct ?    0 Yes 1 No
Aditya Bhushan
 
  Re: share premium?
Answer
# 13
The excess of price of issue of shares over their face value.
It will be showed with the allotment entry in the journal.
 
Is This Answer Correct ?    2 Yes 1 No
Sanjeev_velpuri
 
  Re: share premium?
Answer
# 14
it is a excess of share price over the face value is 
called share premium.
 
Is This Answer Correct ?    4 Yes 0 No
Ramana
 
  Re: share premium?
Answer
# 15
it is excess of issue price.
 
Is This Answer Correct ?    0 Yes 2 No
Dv
 
  Re: share premium?
Answer
# 16
Whenever company is having good name in  market then 
company issues the shares more than its face value.more 
than that face value is called premium
 
Is This Answer Correct ?    1 Yes 1 No
Srilatha
 
  Re: share premium?
Answer
# 17
MORE THAN THE FACEVALUE
 
Is This Answer Correct ?    2 Yes 1 No
Shekhar
 
  Re: share premium?
Answer
# 18
Excess amount received by a firm over the par value of its
shares.This amount forms a part of the non-distributable
reserves of the firm which usually can be used only for
purposes specified under corporate legislation.
 
Is This Answer Correct ?    1 Yes 1 No
Lavanya
 
  Re: share premium?
Answer
# 19
companies issued shares to public. when the shares   
are less than public demand ,that time the company issue 
that shares with premium, 
share premium means more than the face value
 
Is This Answer Correct ?    1 Yes 1 No
Suresh
 
  Re: share premium?
Answer
# 20
Share premium is the excess of amount over the face value 
of the share paid by the shareholder to the company
 
Is This Answer Correct ?    0 Yes 0 No
Ajeet Vadhwa
 

 
 
 
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EXPAND___________MRP  1
 
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