Expenses on issue of share has what nature ?
Harish (student) (25 Points)
17 November 2013
expenses on issue of share has what nature ?
2 Replies
@sh jais
(live the life otherwise life leaves u.....)
(1539 Points)
Replied 18 November 2013
Capital nature and deducted from security premium account
nitin suvarna
(C.A FINAL)
(828 Points)
Replied 29 November 2013
the above answer is correct but exps for issue of bonus shares is revenue in nature since there is no change in asset side(no capital effect)
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