Entry for purchase of share on premium
This query is : Resolved
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.
11 October 2022
If purchased from market then COA will be Rs. 1200/- only.
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12 October 2022
Thanks a lot for the education Sir...
12 October 2022
You are welcome ...
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