What is Share Premium?

Answer Posted / anand gurrala

Share premium refers to the excess value paid to the share
over its face value.
And When the share was sold at a price higher than its face
value then the share is said to be sold at premium.

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.

1742


For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?

1378


Tell me whether the account “cash” will be credited or debited, when a company pays a bill?

650


In accounting, how do you define the premises?

742


Do you know what is project implementation?

617






Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?

1471


we have a bill for billing software modification, i want to know that which head post this entry in tally & also tds applicable or not.

1597


If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .

1703


Why you want to change???

1713


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

1621


Why did you select accounting as your profession?

600


Tell me what is project implementation?

593


i had taken one year gap in completing my graduation bcom should it be considered as backlogs i dont have any kt or anything else i have passed all exam in one trial

1567


What are trade bills?

759


How do I charge bank charges on payments to clients

1601