Issue of shares, Accounting Standards

What take place in a rights issue of shares?

1. Any premium on issue is added to a capital reserve.

2. Any type of premium on the issue is added to a revenue reserve.

3. Any premium on the issue is written off to the income statement.

4. The nominal value of the issue is written off to the income statement.

Posted Date: 2/12/2013 7:42:08 AM | Location : United States







Related Discussions:- Issue of shares, Assignment Help, Ask Question on Issue of shares, Get Answer, Expert's Help, Issue of shares Discussions

Write discussion on Issue of shares
Your posts are moderated
Related Questions
Current Liabilities We have studied about liabilities are claims of outsiders against the business. Conversely, these are amounts owed through the business to people who have

Imputed Interest - If no interest or an unrealistic amount of interest is charged in a salve involving certain kinds of deferred payments, then transaction would be treated as if r

how many tipe of accounts

Now assume that you have been asked how to account for the destroyed drilling operation in the Gulf Mexico in terms of the destroyed right and lost natural resources. Provide a rat

Current Assets These are assets that will normally be converted in cash within a year or inside the operating cycle. The operating cycle is the duration in time considered by

Trading account is ready to ascertain the Gross Profit and Loss of a firm; here Gross Profit is the excess of total revenue over cost of goods sold as the credit side of the tradin

The term goods refer to articles that are traded through the firm   articles bought for resale. For illustration, for book seller, books are goods, for an electrical store fans, fo

DOES THE ADOPTION OF IFRS BY DIFFERENT COUNTRIES NECESSARILY MEAN ACCOUNTING PROCEDURES AND PRACTICES THEY ADOPT WILL BE CONSISTENT AND COMPARABLE INTERNATIONALLY


Prepaid Expenses In many conditions, like a custom, some of the item of expenses is generally paid in advance such as rent, taxes, insurance and subscriptions. The rationale of