Write short notes on: (a) Issue of shares at premium. (b) Payment of interest out of capital.
Question:
Write short notes on:
(a) Issue of shares at premium.
(b) Payment of interest out of capital.
(c) Reduction of share capital.
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a Issue of shares at premium When a company issues shares at a price higher than its face value it is said to be issuing shares at a premium The face ...View the full answer
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