Entry for purchase of share on premium
This query is : Resolved
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ABDUL SALAM
(Querist)
11 October 2022
Dear Sir,
We bought few shares on premium i.e. Face Value of each share is Rs.1,000/- and we bought each share at Rs.1,200/-. Could you please guide me in passing an entry for the premium amount.
Thank you.
We bought few shares on premium i.e. Face Value of each share is Rs.1,000/- and we bought each share at Rs.1,200/-. Could you please guide me in passing an entry for the premium amount.
Thank you.
Dhirajlal Rambhia
(Expert)
11 October 2022
If purchased from market then COA will be Rs. 1200/- only.
Message likes :
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ABDUL SALAM
(Querist)
12 October 2022
Thanks a lot for the education Sir...
Dhirajlal Rambhia
(Expert)
12 October 2022
You are welcome ...
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