Premium received on issue of shares, later forfeited, should be transferred to

Related MCQs

• Auditor should see that amount received for premium on issue of shares should be shown in
• Auditor should see that amount received for premium on issue of shares should be shown in
• Profits on reissue of forfeited Shares should be transferred to
• Balance remaining in the forfeited Account after reissue is transferred to --------------- account
• If reissue of shares are more than face value of shares, the excess amount is transferred to ---------- account.
• Issue of shares at discount should be sanctioned by the ________________
• Which of the following percentage of nominal amount of shares should be received with application
• Which of the following percentage of nominal amount of shares should be received with application
• Amount received as premium can be used to ___________
• Shares can be issued at premium, under section