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easyMCQCUET Accountancy 2025 27 May Shift 22026Accountancy
1 mark

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

  1. A
    Allotment Money
  2. B
    Call Money
  3. C
    Application Money
  4. D
    Any of these

Solution & Step-by-step Explanation

A company can collect the premium amount at any stage of the share subscription process depending on the terms of issue specified in its prospectus. It can be called up along with application money, allotment money, or any of the call money installments. Therefore, it can be collected with any of these.

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When a company issues shares at a premium, the company can collect Securities Premium along with the:
A
Allotment Money
B
Call Money
C
Application Money
D
Any of these

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