menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 15: Formation and Capital Structure of Public Companies
  5. Question
    The Excess Price Received on the Par Value of Shares
Solved

The Excess Price Received on the Par Value of Shares

Question 13

Question 13

Multiple Choice

The excess price received on the par value of shares should be credited to ………….


A) Calls in advance A/c
B) Reserve Capital A/c
C) Security Premium A/c
D) None of these

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: IPO stands for ………………<br>A)Initial Private Offer<br>B)International Public

Q9: The shares firstly offered to the existing

Q10: The minimum application money to be paid

Q11: A newly established company cannot issue shares

Q12: The shares of a company can be

Q14: . …………..shares are repayable after the expiry

Q15: ………..should be deducted from the share capital

Q16: In …... the company offers the investors

Q17: The rate of discount on shares cannot

Q18: . ……….is the first stage in the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines