Download App

Board Question Paper : July 2018 — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountBoard Question Paper : July 20181 Mark
Question
What is Securities premium ?
✓

Answer

When company issues shares at a price higher than the face value, the shares are said to be issued at premium. The amount thus receives is known as securities premium.

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 "1 Marks Each" from Board Question Paper : July 2018→Board Question Paper : July 2018 — 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

What is cost of goods sold?
→
Write the journal entry for closing assets account on dissolution of partnership firm.
→
How salary, bonus or commission be given to the active partner of business, if no provision is there for the same in the partnership deed?
→
What is meant by debenture discount?
→
State the legal provision pertaining to the loss of dissolution of a partnership firm.
→
State the accounting treatment of goodwill shown in old balance sheet at the time of admission of a new partner.
→
Give any two reasons for reconstitution of partnership.
→
What is comparative statement ?
→
For highly competitive business what is the nature of goodwill? Why?
→
After revaluation at what price are all assets and liabilities recorded in balance sheet?
→