Economics · Corporate Accounting & Share Capital

The premium received on the issue of shares shall be credited to which account?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Securities Premium Account✓
2Reserve Capital Account
3Capital Reserve Account
4Debenture Redemption Reserve Account

Correct answer

Securities Premium Account

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The premium received on the issue of shares shall be credited to which account?

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The premium received on the issue of shares shall be credited to which account?

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