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share premium?
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Answer / pavan kumar
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 ? | 71 Yes | 3 No |
Answer / ganesh reddy
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 ? | 47 Yes | 4 No |
Answer / rasheeda
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 ? | 25 Yes | 3 No |
Answer / ca. pawan kumar garg
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 ? | 17 Yes | 3 No |
Answer / simran
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 ? | 15 Yes | 2 No |
Answer / janani
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 ? | 11 Yes | 0 No |
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 ? | 11 Yes | 3 No |
Answer / ramana
it is a excess of share price over the face value is
called share premium.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / ajeet vadhwa
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 ? | 4 Yes | 0 No |
Answer / srilatha
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 ? | 4 Yes | 1 No |
Describe the accounting principles
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
What information needs to be disclosed in accounts?
give journal entries for the following jan-1 started business with cash 50000 & loan 80000
Weather Closing Stock appears in Trial Balance. If not why and if yes how.
Liabilities: 2006 2007 Assets 2006 2007 Trade Creditiors 100 40 Cash atBank 100 65 Bills Payable 50 60 Account/R 105 120 Outstanding Expenses 25 20 B/R 130 140 Bonds Payable 220 140 Inventory 110 40 Accumulated Depreciation: Machinery 120 160 -on Machinery 30 35 Building 300 310 -On Building 75 85 Land 60 130 Reserves 100 115 Patents 55 60 Retained Earning 130 170 share Capital 250 360 Profit from operation after providing Rs.10,000as depreciation on building and Rs.10,000 on machinery and Rs.5,000 as amortization on patents for the year 'April 06- March07' was Rs.35,000. Other revenues for the year were Rs.40,000. An old machine with original cost of Rs.15,000 was sold at a loss of rs.5,000. Prepare Fund Flow Statment and Cash Flow Statment for the year ending March 31 2007 based on the information given above.
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
0 Answers State Bank Of India SBI,
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