Premium received on issue of shares is shown on :
A. equity and liabilities part of the balance sheet
B. assets part of the balance sheet
C. income part of the statement of profit and loss
D. expenses part of the statement of profit and loss
Answer:A
Premium received on issue of shares is shown on :
A. equity and liabilities part of the balance sheet B. assets part of the balance sheet C. income part of the statement of profit and loss D. expenses part of the statement of profit and loss