Premium on issue of shares must be treated as ............

CS Executive · Corporate and Management Accounting · PYQS · June 2021
Premium on issue of shares must be treated as ............
(A) Revenue Receipt
(B) Deferred Revenue Receipt
(C) Capital Receipt
(D) Capital Loss

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Corporate Accounting

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic