BASIC FINANCIAL ACCOUNTING MOD-II CORPORATE ACCOUNTING

What is a share? Types of Share: 

Preference share  Equity share

ISSUE OF SHARES A company may issue shares at their face value or at a price other than the face value. ‡ When the shares are issued equal to their face value it is termed as shares issued at par. ‡ When the shares are issued less than to their face value it is termed as shares issued at discount. ‡ When the shares are issued greater than to their face value it is termed as shares issued at premium.

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