what is share spilitting
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
In simple words splitting of shares refers to increase int
eh number of existing shares by reducing the face value.
For example, a company can split its shares of by issuing 10
shares of Rs. 10/- each in place of existing 1 share of
Rs.100/- each.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sukanya
A share split is similar to a scrip issue. A scrip issue
(also called a capitalisation issue or a bonus issue) is the
issue of new shares to existing shareholders at no charge,
pro rata to their existing shareholdings. Shareholders are
issued with new shares are no cost, but its effect on the
balance sheet is different from that of a bonus issue.
A split reduces the par value of each share, but increases
the number of shares by the same proportion. For example, if
the par value of shares is reduced from 10p to 5p, then the
number of shares will be doubled, and each shareholder will
receive two shares to replace each one they currently own.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / babhu kanchupalli
Share split refers to the increasing number of shares by decreasing their face value and another important thing is....the share capital of the company is remains the same even after splitting their shares.
Example : ITC ltd have 100000 shares of 100 rupees each....after share split, the number of shares increase to 200000 shares of 50 rupees each.....normarlly companies do share split to attract the small investors.....
In the same manner the opposite of share split is called reverse split.....companies can do reverse split to attract the huge investments from the institutional investors.......
| Is This Answer Correct ? | 0 Yes | 0 No |
Balance Sheet comes under which account? a)personal a/c, b) real a/c, c) nominal a/c
how to show provident fun in balance sheet
4 Answers Genpact, WBCS West Bengal Civil Service,
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
Tell me how can you define departmental accounting?
Journal entry for Salary paid 100000/- in which (1)pf (2)esi (3) professional tax included
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
Where we post the Amalgamation of goodwill
wages,conveyance,hra,spl allowance,P.F,& ESI payable journal entry?
Pass the journal entry: rent outstanding
we purchase one material from one party & sale it to other party but the product got problem so 1 st party give us a credit note now the question is how i pass jv in my co. account
What is the order of priority of the following. 1.Trial Balance,2.Sales Ledger,3.Journal Entry,4.General Ledger,5.Balance Sheet,6.Profit and Loss Account,7.Cash Flow and fund flows.
differ the revenue expenditure and capital expenditure