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 a group of 104 employees, the ratio of male to female employees is 6:7. The average wage of a male employee is Rs. 45, and the...
A cube has a volume of 216 cm³. Determine the area of a single face of the cube?
The ages of A, B and C together are 32 years. B is twice as old as A and C is 4 years older than A. What is the difference between ages of B and C?
Ratio of monthly income to monthly expenditure of A is 8:7, respectively and monthly savings of A is Rs. 2880. Find the monthly income of A.
In a 500-meter race, competitor 'P' runs at a speed of 18 km/h and allows a head start of 25 meters to competitor 'Q,' who eventu...
- If 6x - 3y = 9, and 9xy = 18, then what is the value of 6x + 3y?
The current age of 'Aman' is 16 years greater than that of 'Bhanu'. In four years, the ratio of their ages will be 5:3. What is t...
{√676.12 + 13.012 – 146.89 } = ?
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