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Explai the provision utilisation of the security premium accounting |
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Answer» Answer: When the company allots SHARES for the first time these shares can be issued at their nominal PRICE or above or below such a nominal price. The ACCOUNTING for shares issued at premium and shares issued at discount varies a LITTLE. So let us see these accounting treatments and also LOOK at the securities premium account in some detail. Explanation: hope it will help you .. |
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