CUET Preparation Today
| 10,000 equity shares of 10 Rs. each were issued to public at a premium of Rs 2 per share payable on allotment. Applications were received for 12,000 shares. What will be the amount of securities premium received by the company and entered in the books on issue of share capital? |
₹ 4000 ₹ 20000 ₹ 24000 None of the above |
| ₹ 20000 |
| Amount of security premium = 10,000*2=20,000 |
