CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Give one word / Term / phrase for each of the following statement :

Issue of share above face value.

Open in App
Solution

Share issued at Premium

Explanation: Shares are said to be issued at a premium when the issue price of a share is more than its face value. The amount of premium is credited to a separate account known as Securities Premium Account.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Issue of Shares
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon