Share Premium

Posted by nexventure PM | on Thu, 15/03/2012 - 12:42 3599 3 comments | report

Can somebody make clear that if shares are issued at premium and share premium arise, can company used this money for trading expenses?as company is making losses and using this money for paying different expenses,

Thanks

Comments

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The company can use the money

johnt27 | Fri, 16/03/2012 - 15:51

.

blok | Fri, 16/03/2012 - 16:09

Can't debit capital redemption reserve

johnt27 | Fri, 16/03/2012 - 16:29