MEDIUM
Earn 100

For what purposes can a company use the amount of Securities Premium?

50% studentsanswered this correctly

Important Questions on Accounting for Share Capital

MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What journal entries are required when shares are issued for the purchase of assets at par and at a premium?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is a company? What are its characteristics?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What are preference shares? What are the different types of preference shares?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
How should a company record the issue of shares when applications exceed the available shares?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is a listed company?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is 'Minimum Subscription'?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is the process for recording share issuance transactions when payments are received in installments?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What are the main categories in which the share capital of a company is divided?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is a public company?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
How are shares allotted in the case of over-subscription?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
Under what conditions can a company issue shares at a discount?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is meant by ‘Over subscription’ and ‘Under subscription’? How are these dealt with in accounting records?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What does 'Calls in Arrears' mean?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
How is the capital reserve calculated when forfeited shares are reissued?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is meant by the term ‘share’? What types of shares can be issued under the Companies Act, 2013?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is a private company?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What are the uses of securities premium?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
Under what circumstances can shares be forfeited?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What does 'Calls in Advance' mean?
MEDIUM
Other Subjects>Accountancy>Accounting for Share Capital>Features of a Company
What is the forfeiture of shares? What is the accounting treatment for the forfeiture of shares?