Question
A company came out with IPO at a price of Rs.55 each
for 50,000 shares with face value of Rs.10 each. It listed on the stock exchange at Rs.60. What amount will be reflected as paid-up share capital in the balance sheet of the company?Solution
The paid up equity share capital is reflected at face value. The issue price above face value is shown under securities premium account. The company has nothing to report in the balance sheet with respect to the price at which the share is listed on the stock exchange. As such, the ·      Equity share capital = 50,000*Rs.10 = Rs.500,000 ·      Securities Premium = 50,000*(Rs.55-10) = Rs.22,50,000
All of the following are considered to be drawbacks of local marketing EXCEPT:
Which crop does not contribute to food grain production?
The cultivation of flowers and ornamental plants for commercial and aesthetic purposes is known as:
In union budget 2023-24, the budgetary allocation of Livestock sector was ____
When the activity of one gene is suppressed by the activity of a non-allelic gene, it is known as
Golden rice is rich in:
The conversion of messages carried by mRNA into amino acid sequences is known as:Â
What is the name of a self-fruitful variety of Prunus domestica grown in India?
Scientific name of potato is:
Marketing research data is gathered by _____.
