Question
Walnut Limited has an authorized share capital of 1,00,000 equity shares of `100 per share and an amount of `3 crores in its Share Premium
Walnut Limited has an authorized share capital of 1,00,000 equity shares of `100 per share and an amount of `3 crores in its Share Premium Account as of 31-3-2018. The Board of Directors seeks your advice about the application of a share premium account for its business purposes. Please give your advice.
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Accounting for Non-Accounting Students
Authors: John R. Dyson
8th Edition
273722972, 978-0273722977
