A share premium is an example of?
...A share premium is an example of?
issued capital
capital stock
equity capital
capital reserve
Correct answer is D
A capital reserve is created out of capital profits such as cash received by selling current assets, the premium earned on the issue of share and debentures, excess on revaluation of assets and liabilities. It is an account on a balance sheet reserved for contingencies or to offset capital losses.
The object clause of a limited liability company is stated in the ...
New shares are offered to the public through? ...
One of the function of the Niger Basin Commission is to ...
The divisions of production are ...
The selection and promotion of staff in an organization is the function of the? ...
Commerce is defined as the study of how ...
Organization licensed and authorized to deliver fast malls, and parcels are engaged in? ...