Question
When the equity shares are issued at a price above the
face value, the excess price received over the face value of shares, is credited to which of the following account?Solution
Share premium is the excess of share price over the face value of the share. This excess amount is recorded under the Share Premium Account while the equity capital is recorded at the face value. Share premium forms a part of the shareholder equity.
In each question below, a sentence is given with a part of it being bold. That part may contain a grammatical error. Each sentence is followed by phras...
Each of the following sentences is divided into 4 parts 1, 2, 3 and 4. From the options, pick out the part that contains an error. If there is no error...
Most cheap clothes are made from polyester, comprised of extreme strongly , non-biodegradable fibre, even resistant to most forms of chemicals.
...This question consists of a sentence that is divided into four parts numbered (1) to (4). Only one part of the sentence is not acceptable in standard w...
Read the given sentence to find out whether there are any grammatical/contextual errors in it. The errors, if any, will be in two of the phrases of the ...
Choose the grammatically correct sentence.
In the question given below, a sentence is given, divided into parts. One of the parts may contain an error. Identify the part that contains the error, ...
Many firms fail because when they begin (1)/ exporting, they have not research the (2)/ target markets or have not planned enough. (3)/ No error (4)
Angered over the delay in giving compensation; factory workers shouted slogans against the president when he reaches the office.
This is a water body created with the fresh water that cascades from the top of the mountains meeting the briny sea water on its banks.Â
...
Relevant for Exams:
