Is the premium amount included in the subscribed capital of
the company.

Answer Posted / soori

No, Securities premimum is shown seperately under reserves
& Surpluses on liabilities side of the Balance sheet of the
company. It can be useful for written off the premium on
redumption of the preferencial shares, Entry comes like
under:
Securities premium A/c Dr
To Premium on Redemption of the Preference
sharecapital A/c
According to Sec 79(1) of companies act 1956 Security
pemium can be useful for issue the Bonus shares for fully
paid up capital.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to solve the problem of sechdule date problem in sap proframme.

2056


what is rate of service tax and form no. of service tax ? wt rules of service tax a particuler once .?

2011


analyses of Cost control

1935


Information regarding shop & establishment registration of propiertor ship & require document for this

2050


i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.

1825






STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS

2165


sir i want aao lic exam model question paper

2378


I want to know that , If we called a person for one day for drive our company van or any other purpose. so how it will accounted in our (i.e companies) Books of accounts....

837


hat is the meaning of the capital ique,and hat is capital,and ahat is ique

2115


Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?

1912


How often is the stock market ticker updated? 15sec? 30sec?

2376


Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method

1954


Is form 38 mandatory to issue c form in up. thru online mode

1344


what is the abrevation for JJ in form jj

1457


I am Simrat Kaur. I am persuing graduation from P.U. I have an experience of 14 months as a CSA. But i hav an experience letter of 6 months.But I can show my joinin letter of the other job. I hav knowledge of basics of computer & internet. Actually, m findin job in chandigarh. I am findin the right opportunity. so, Can u plz help me in findin the right job?? Can u plz tel me abt where interviews r goin on?

1990