Browse by Stream
My Companion New
Search Colleges, Exams, Schools & more
    Scan and Download the App!
    Search Faster,
    Smarter, Better
    Rated 4.2
    by 1M+ students
    • Home
    • QnAHome
    • Question : Issue of shares at a premium is : Option 1: Profit Option 2: Revenue Receipt Option 3: Capital Receipt Option 4: Income
    Get answers from students and experts Ask
    10 Views

    Question : Issue of shares at a premium is :

    Option 1: Profit

    Option 2: Revenue Receipt

    Option 3: Capital Receipt

    Option 4: Income

    Team Careers360 22nd Jan, 2024
    Answer
    Answer (1)
    Team Careers360 24th Jan, 2024

    Correct Answer: Capital Receipt


    Solution : Capital receipts are non-recurring receipts that cause an increase in liabilities or a loss in assets. The business is exposed since the premium amount is not consistently received. It is, therefore, a capital receipt.

    Hence the correct answer is option 3.

    Share
    Facebook Copy Link
    More
    Report
    Comments (0)
    Question cannot be greater than 3000 characters
    0/3000
    Get answers from students and experts Ask

    Related Questions

    Question : ______________is transferred of the Capital Reserve.

    Option 1: Profit from sale of fixed assets

    Option 2: Premium on issue of shares

    Option 3: Profit on forfeiture of shares

    Option 4: All of the above

    7 Views

    Question : Endowment fund received by NPO is:

    Option 1: Capital Expenditure

    Option 2: Revenue Expenditure

    Option 3: Revenue Receipt

    Option 4: Capital Receipt

    14 Views

    Question : Subscription received by a club for cricket match is treated as:

    Option 1: Revenue Receipt

    Option 2: Asset

    Option 3: Earned Income

    Option 4: Capital Receipt

    14 Views

    Question : Subscription received by a club for cricket match is treated as:

    Option 1: Revenue Receipt

    Option 2: Asset

    Option 3: Earned Income

    Option 4: Capital Receipt

    113 Views

    Question : Which of the following is not a capital profit?

    Option 1: Profit prior to incorporation of the company 

    Option 2: Profit from the sale of fixed Assets

    Option 3: Premium on issue of shares 

    Option 4: Compensation received on the termination of the contract

    11 Views

    Trending Articles/News

    AIBE 20 (XX) 2025: Notification (Soon), Exam Date (Dec), Application Form, Syllabus & Pattern
    AIBE 20 (XX) 2025: Notification (Soon), Exam Date (Dec), Application Form, Syllabus & Pattern
    4 minutes ago
    JCECE Cutoff 2025 Round 3 (Today) - Check Round Wise Cut Off Marks
    JCECE Cutoff 2025 Round 3 (Today) - Check Round Wise Cut Off Marks
    8 minutes ago
    DCECE Counselling 2025 - Mop-up Round Choice Filling (Today), Seat Allotment, Schedule, Application Form
    DCECE Counselling 2025 - Mop-up Round Choice Filling (Today), Seat Allotment, Schedule, Application Form
    9 minutes ago
    Himachal B.Arch Admission 2025 - Dates, Eligibility, Application Form
    Himachal B.Arch Admission 2025 - Dates, Eligibility, Application Form
    16 minutes ago
    TS Polycet Counselling 2025 - Option Entry (Started), Seat Allotment, Registration, Process
    TS Polycet Counselling 2025 - Option Entry (Started), Seat Allotment, Registration, Process
    26 minutes ago
    Link Copied
    The question have been saved in answer later, you can access it from your profile anytime. Access now
    Thanks! Your report is submitted, the author will be informed about it
    Download Careers360 App
    All this at the convenience of your phone

    • Regular Exam Updates

    • Best College Recommendations

    • College & Rank predictors

    • Detailed Books and Sample Papers

    • Question and Answers

    students
    400M+ Students
    Colleges
    36K+ Colleges
    Exams
    500+ Exams
    eBooks
    3K+ eBooks
    Certification
    16K+ Certifications
    mobile

    Scan and download the app

    OR

    google play