When shares are issued at a price in excess of their nominal value, this excess amount is
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When shares are issued at a price in excess of their nominal value, this excess amount is recorded in the share premium account.
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Ashok Kumar Malhotra
Chartered Accountant - Accounting and Management Accounting for 15 years.
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Related Book For 
Accounting A Smart Approach
ISBN: 9780199674916
2nd Edition
Authors: Mary Carey, Jane Towers-Clark, Cathy Knowles
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