Securities premium money out of fresh issue: A. Can be treated as proceeds B. Can be treated

Question:

Securities premium money out of fresh issue:
A. Can be treated as proceeds
B. Can be treated as revenue profit
C. Cannot be treated as proceed
D. Can be treated as proceeds under special circumstances

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

See More Books

Question Posted: Aug 17, 2023 02:53 PM

See More Questions

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
The U.S. Court of Appeals for the Fourth Circuit affirmed the lower court ruling in the case Public Employees Retirement Association of Colorado; Generic Trading of Philadelphia, LLC v. Deloitte...
Let B > 0. Show that the maximum of (x 1 , . . . , x n ) = x 1 + + x n subject to x 2 1 + + x 2 n = B 2 is nB. Conclude that for all numbers a,..., an lal++lanl n(a + + a) / 1/2
Richard Insinga, the administrator at an Onienta Hospital emergency room, faces the problem of providing treatment for patients who arrive at different rates during the day. There are four doctors...
What is the objective of the Mission Phase of Operation? How do we bound its starting and ending points?
Explain why stepwise regression is used. What is its value in the model-building process?
Irene contributes land to Micro Development Partnership for a 30% interest. The land's basis is $20,000, and it has a fair market value of $80,000. Micro reports a net operating loss of $100,000 for...
Fixed costs depend on the ________. A. volume of production B. amount of resources used C. amount of unchanged costs for a given time period D. total number of units sold
At present, a company can issue preference shares which is: A. Irredeemable B. Redeemable after the expiry of 20 years from the date of issue C. Redeemable before the expiry of 20 years from the date...
Resolution for redemption of preference shares and the issue of new shares for this purpose are passed: A. Separately B. Simultaneously C. Within a week D. After one week
How many accumulators does the C55x have?
Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,740, accounts payables worth $4,160,391, inventory of...
Hooray Company has been manufacturing 12,000 units of Part A which is used to manufacture one of its products. At this level of production, the cost per unit is as follows: Direct materials P 4.80...
At the beginning of the period, the Grinding Department budgeted direct labor of $171,200 and property tax of $57,000 for 10,700 hours of production. The department actually completed 12,800 hours of...
The following information is available for Shamrock Corporation for the year ended December 31, 2025. Beginning cash balance $ 58,500 Accounts payable decrease 4,810 Depreciation expense 210,600...
In today's stock market, compounding is the key to making money in the future for one's investments. However, with decentralized currency growing rapidly (Crypto), how can one rely on TVM for FV...
1. Is technology by itself enough to ensure high-quality customer service? 2. What are federal express's estimated annual savings from using information technology? 3. What are a couple of examples...
What are current assets and current liabilities? How are they different from non-current assets and non-current liabilities?
Explain how a compensation plan could be developed to provide incentives for experienced salespeople and yet make some provision for trainees who have not yet learned the job.
Are the benefits and limitations of a canned presentation any different if it is supported with a Power- Point presentation or DVD than if it is just a person talking? Why or why not?
How would our economy operate if personal salespeople were outlawed? Could the economy work? If so, how? If not, what is the minimum personal selling effort necessary? Could this minimum personal...
Phantom Consulting Inc. is a small computer consulting business. The company is organized as a corporation and provides consulting services, computer system installations, and custom program...
Sam owns a 25% in Spade, LLC. In 2021, Spade reports $100,000 or ordinary income. What is Sams qualified business income (QBI) deduction? answer is 5,000 but please show how to get it
crane Inc. common chairs currently sell for $30 each. The firms management believes that it's share should really sell for $54 each. If the firm just paid an annual dividend of two dollars per share...

Securities premium money out of fresh issue: A. Can be treated as proceeds B. Can be treated

Question:

Step by Step Answer:

C Cann...View the full answer

Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

Students also viewed these Business questions