The amount received by the company which is converted into shares at a specified date on a specified rate. The instrument issued against the amount so received is called........

Share warrants

The correct answer is option 1- Share warrants.

Money Received against share warrants is the amount received by the company which is converted into shares at a specified date on a specified rate. The instrument issued against the amount so received as share warrants. Money received against share warrants’ is to be disclosed as a separate line item under ‘shareholder’s fund’.