When a share of face value ₹10 is issued for ₹10, it is said to be issued:
Aon call
Bat par
Cat premium
Dat discount
Answer & Solution
Correct answer: B. at par
Issued at face value = issued at par.
Keep practising Financial Accounting & Debentures
Browse all Financial Accounting & Debentures questions for AP Intermediate 2nd Year, or explore more Accountancy topics.
Related questions
Order the capital ladderMatch the statement termThe portion of the subscribed capital that the company has asked shareholders to pay is thHolders of equity shares are regarded as the ___ of the company:Where does it go?When a share of face value ₹10 is issued for ₹13, the extra ₹3 is the:The financial statements of a company chiefly comprise the Balance Sheet and the:Share capital bingo