0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Is share premium paid part of paid up capital?
Yes share premium paid is part of paid up capital and shown separately as share premium account in equity section of balance sheet.
Difference between fully paid shares and shares issued at discount?
Fully paid shares means that the amount of which shares are fully paid by the investors while shares issued at discount means, share are issued at discounted price from actual face value of asset.
How you calculate the paid up capital?
The paid up capital = Number of authorised shares x nominal value per share
What does Fully amortised mean?
The loan is fully paid off at the end of its set turn
What is the journal entry for Share capital and Paid up Capital?
[Debit] Cash account xxxxx [Credit] Share application account xxxxx Entry 2 [Debit] Share Application account xxxxx [Credit] Share Capital Account xxxxx
Can partly paid-up preference shares be redeemed?
No, According to sec 80 of Co. Act 1956, Before redemption of Pref Share they must full paid first, if there is partly paid then convert it into fully paid shares
Is share premium paid part of paid up capital?
Yes share premium paid is part of paid up capital and shown separately as share premium account in equity section of balance sheet.
Is share premium is part of paid up capital?
No, share value at par is considered while calculating paid up capital.
Difference between fully paid shares and shares issued at discount?
Fully paid shares means that the amount of which shares are fully paid by the investors while shares issued at discount means, share are issued at discounted price from actual face value of asset.
Why only fully paid up preference shares can be redeemed?
Only fully paid up preference shares are redeemed because the law requires it.
How do you convert partly paid up shares into fully paid up shares?
You have to pay the difference.
When is your life insurance fully paid?
A life insurance policy becomes "fully paid up" when the company tells you no more premium payments are due.
What is paid up capital?
It is Par Value of share issued
How you calculate the paid up capital?
The paid up capital = Number of authorised shares x nominal value per share
When calculating Earnings per share do you subtract or add authorized shares?
Authorised shares are not used in earning per share rather paid up share capital or paid up shares are used authorised shares are the maximum number of shares which a company can issue so if authorised and subscribed and paid up capital is same then authorised capital will be used.
Does the paid-up capital include preference capital or only equity capital?
Paid in capital includes the preference share capital as well as common share capital as well.
Definition of paid up capital stock?
Paid up capital stock is that share capital for which investors or shareholders has made full payment to acquire them.
