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Question
When face value of the share is ₹ 100 and issued price is ₹ 120, then it is said that the shares are issued at _________.
Fill in the Blanks
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Solution
When face value of the share is ₹ 100 and issued price is ₹ 120, then it is said that the shares are issued at premium.
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Chapter 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [Page 340]
