Securities premium account can be used for

Related MCQs

• Securities premium account is shown on the liabilities side of the balance sheet under the head:
• As per section 78 of the companies act, amount collected as premium on securities cannot be utilized for:
• The Securities Premium amount may be utilized by a company for __________.
• The Branch Account prepared under Final Account System is the nature of:
• The balance of branch adjustment account is transferred to _________ account
• When shares are forfeited, the share capital account is debited with ________ and the share forfeiture account is credited with __________.
• To issue shares on premium mean
• Which of the following accounts can be transferred to capital redemption reserve account?
• Which of the following cannot be used for the purpose of creation of capital redemption reserve account?
• Outstanding salary account is a