What is a share premium? How is it recorded?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Share premium When a company issue new shares it may receive more than just face value of th...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
What is a share of stock and what are dividends?
-
What is a share-for-share exchange? How does it differ from a sale of shares in which the vendor and the purchaser elect a specific price for tax purposes?
-
a. Several reasons have been proposed to justify mergers. Among the more prominent are (1) tax considerations, (2) risk reduction, (3) control, (4) purchase of assets at below-replacement cost, (5)...
-
Let us first assume that an estimate k; of the queue length at the beginning of the i-th slot is available. In possession of that in- formation the Pseudo-Bayesian Algorithm is such that each node...
-
A metal ball of radius a is located at a distance l from an infinite ideally conducting plane. The space around the ball is filled with a homogeneous poorly conducting medium with resistivity p. In...
-
An aluminum spoon at 100 oC is placed in a Styrofoam cup containing 0.200 kg of water at 20 oC. If the final equilibrium temperature is and no heat is lost to the cup itself or the environment, what...
-
If a ledger account has debit entries totalling 450 and credit entries totalling 200, the balance on the account is: a. Credit balance 250 b. Debit balance 250 c. Debit balance 650 d. Credit balance...
-
1. On what major assumptions is the argument by Marquis based? 2. What basic principles of abortion opponents and abortion rights supporters does Marquis cite? 3. How do advocates on both sides of...
-
19 Horowitz Consulting Inc. obtained a bank note with an annual interest rate of 5% on April 1, 2022. The loan was for $250,000, maturing in two years on March 31, 2024 at which point all interest...
-
Complete the following: Account Category Normal Balance A. Salaries Payable B. Taxable Fees Earned C. Accounts Receivable D. Sam Slater, Capital E. Sam Slater, Withdrawals F. Prepaid Advertising G....
-
Why does the company not record the buying and selling of shares in its statement of financial position (balance sheet)?
-
How is the revaluation of a non-current (fixed) asset reported?
-
The esterification of ethanol with acetic acid takes place at \(373 \mathrm{~K}\) as \[ \mathrm{CH}_{3} \mathrm{COOH}(\mathrm{l})+\mathrm{C}_{2} \mathrm{H}_{5} \mathrm{OH}(\mathrm{l}) ightarrow...
-
What is an IPO over-allotment (Greenshoe) option? Describe the over-allotment option included in Prada's IPO?
-
Question 2: Your pension fund has a sub-portfolio of bonds. The duration of this bond portfolio is 8 years. The current market value of the bond portfolio is $1,000,000. Calculate the price change...
-
A 286-room upscale hotel supplies each guestroom with a 1 oz. bar of facial soap, packed 288 per case, and a 2 oz. bar of bath soap, packed 144 per case. The ending inventory for the month of...
-
A small clinic in a small town treats only 10 patients. It expects operating cost per patient will be $1,800, or total $18,000. It also desires an operating margin of $3600. If the clinic treats one...
-
United Healths beta is .63. UnitedHealth's stock prices for the last 6 years are: Dec201493.05 Dec2015110.05 Dec2016152.31 Dec2017212.99 Dec2018243.92 Dec2019292.71 Calculate the average return for...
-
An experimental car is equipped with a gyro stabilizer to counteract completely the tendency of the car to tip when rounding a curve (no change in normal force between tires and road). The rotor of...
-
What is beacon marketing? What are digital wallets?
-
What are key performance indicators (KPIs)?
-
What are the particular requirements that must be reported in a strategic report?
-
What are the responsibilities of the directors and auditors in relation to the strategic report?
-
A: December 31, 2021, Southern Corporation reported the stockholders' equity accounts shown here (with dollar amounts in milions, except per-share amounts) (Click the icon to view the data)...
-
Part B Short Answer Questions Generally, each Part B short answer question would take about 250 words to answer adequately. Topic 4 (Foreign currency transactions) Sydney Ltd is an Australian company...
-
Concerning a RAL, which of the following is a true statement that needs to be discussed with the tax client? Question 16Select one: a. That the RAL is an "advanced" income tax refund b. A disclosure...
Study smarter with the SolutionInn App