Download App

P2 C1 ACCOUNTING FOR SHERE CAPITAL — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C1 ACCOUNTING FOR SHERE CAPITAL1 Mark
MCQ
What is a share premium (securities premium) for the company ?
  • A
    Revenue profit
  • B
    Revenue expenses
  • C
    Capital expenses
  • ✓
    Capital profit
✓

Answer

Correct option: D.
Capital profit

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ" from P2 C1 ACCOUNTING FOR SHERE CAPITAL→P2 C1 ACCOUNTING FOR SHERE CAPITAL — all question types→Elements of Account STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

Which debentures are like currency ?
→
Profit or loss amount of revaluation account will be distributed among the partners in$.......$
→
As per accounting standard$-26 ........... ,$ goodwill can not be shown in the books.
→
Efficiency analysis shows$........$
→
Demat account is just like$......$account. 
→
A machine to be sold during $12$ months after the date of balance sheet is considered as as per Companies Act, $2013.$
→
An intengible asset which shows the reputation of a firm in the market means
→
In which type of company, the private property of its members will be used to meet the claims of the creditors ?
→
In case of fixed capital account method, salary to the partners are recorded in $.......$ account.
→
Which type of preference shares have right to receive dividend and additional dividend also?
→