Security premium account can be utilized for ………….

Related MCQs

• The share premium account can be utilized to write off the ‐‐‐‐‐‐‐‐‐‐‐‐‐ expense of the company.
• Once the share premium account is credited the same, if the premium is not received.
• Capital Redemption Reserve Account and Securities Premium Account can be only for issuing fully paid Bonus Shares and not for making partly paid shares into ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• The security premium account is shown in the balance sheet under the head……….
• The security premium account is shown in the balance sheet under the head……….
• Capital Redemption Reserve Account can be utilized for………
• X Ltd takes over Y Ltd and agrees to discharge debenture holders of Y Ltd at a premium of 5%. The premium should be debited to ………
• Capital redemption reserve and security premium can be utilised for issuing ………bonus shares
• Premium on redemption of debentures account is in the nature of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐
• Which of the following can be utilized for the redemption of preference shares of a company out of profit: