(1) Where a company issues shares at a premium, whether for cash or otherwise, a sum equal to the aggregate amount or value of the premiums on those shares shall be transferred to an account, to be called "the1[securities] premium account"; and the provisions of this Act relating to the reduction of the 1[securities] capital of a company shall, except as provided in this section apply as if the 1[securities] premium account were paid-up 1[securities] capital of the company.
(2) The 1[securities] premium account may, notwithstanding anything in sub-section (1), be applied by the company-
(a) in paying up unissued shares of the company to be issued to members of the company as fully paid bonus shares;
(b) in writing off the preliminary expenses of the company;
(c) in writing off the expenses of, or the commission paid or discount allowed on, any issue of shares or debentures of the company; or
(d) in providing for the premium payable on the redemption of any redeemable preference shares or of any debentures of the company.
(3) Where a company has, before the commencement of this Act, issued any shares at a premium, this section shall apply as if the shares had been issued after the commencement of this Act:
Provided that any part of the premiums which has been so applied that it does not at the commencement of this Act form an identifiable part of the company's reserves within the meaning of Schedule VI shall be disregarded in determining the sum to be included in the 1[securities] premium account.
Securities premium reserve is the amount when securities are issued at premium that is more than their face value.
Security premium in management accounting is the difference between the nominal value and the selling price of shares.
Bonus shares increases the share capital while reduces the share premium account because amount of share premium is used to issue bonus shares.
In case the shares have been issued at a premium and the amount of premium has been received then at the time of forfeiture of such share (a) share premium account should be debited (b) share premium account should be credited (c) share premium account should be neither debited nor credited (d) none of these
the amount payable for a share above its nominal value. Most shares are issued at a premium to their nominal value. Share premiums are credited to the company's share premium account.
Securities premium reserve is the amount when securities are issued at premium that is more than their face value.
A premium account is a Minecraft account that has bought the game. A premium account allows you to change your skin and play on multiplayer servers.
Security premium is part of cash flow from financing activities
no
to get a premium account :: the only way is to purchae the game using your account :: it will confirm that you bought the game using the account and make it premuim
There is no way to get a free premium account. However there are very few people out there who have a premium account and accept requests to download them and reupload them under different sites.
I believe you have to get a premium account
you cannot get it free.you have to first purchase gu stars and then activate premium account
Security premium in management accounting is the difference between the nominal value and the selling price of shares.
In case the shares have been issued at a premium and the amount of premium has been received then at the time of forfeiture of such share (a) share premium account should be debited (b) share premium account should be credited (c) share premium account should be neither debited nor credited (d) none of these
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You can sign up for a free premium account on Depfile by going to the Depfile site.