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Distinguish between shared at a premium …

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Distinguish between shared at a premium and nominal value

Posted by Abhinash Baro 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Sagar Sharma 6 years, 6 months ago

~When a company issues a share at a price which is above its face value (nominal value), it is called shared at premium.suppose a company has their share's 10₹ face value and they issued them at ₹12 the ₹2 will be added as premium reserve . And yiu you can also said it as security premium reserve . ~when a company issued their shares at par . It means the share's face value Also . They issued the shares at full amount of the face value. As ₹10. Thank you ..

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