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Company Accounts – Issue of Shares — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyCompany Accounts – Issue of Shares1 Mark
Question
What do you mean by Shares Issued at Premium?
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Answer

When shareholders are supposed to pay a price higher than the face value of the shares, their shares are said to be issued at a premium.

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