Accountancy Part AAccounting for Shares

When a company issues shares at a premium, the company can collect Se…

When a company issues shares at a premium, the company can collect Securities Premium along with the :-

Answer & explanation

Correct answer: option 4

The correct answer is Option (4) → Any of these

NCERT (2026-27 edition):
Issue of Shares at a Premium – “… When the issue of shares is at a premium, the amount of premium may technically be called at any stage of the issue of shares. However, premium is generally called with the amount due on allotment, sometimes with the application money and rarely with the call money.”