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what is security premium reserve?

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what is security premium reserve?

Posted by Nikhila Devi 8 years, 3 months ago

CBSE > Class 12 > Accountancy

1 answers

Akshay Suneja 8 years, 3 months ago

When shares are issued at interest like a share is of Rs100 and company is issuing it at a price of Rs120 then the excess amount i.e. Rs20 is shifted to security premium reserve

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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