6. A company was formed on 1 March 2018 by issuing 5,000,000 equity shares at OMR 0.400 each. If the company issued 3,000,000 more shares at OMR 0.800 each on 31 July 2019, How much amount will credit in the share premium account? OMR 1,200,000 OMR 2,400,000 OMR 4,400,000 None of these

6. A company was formed on 1 March 2018 by issuing 5,000,000 equity shares at OMR 0.400 each. If the company issued 3,000,000 more shares at OMR 0.800 each on 31 July 2019, How much amount will credit in the share premium account? OMR 1,200,000 OMR 2,400,000 OMR 4,400,000 None of these

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Real Estate

Real estate means ownership of land along with the assets and natural resources that exist on the land. These properties are in real/physical form which is tangible. Real estate simply means land or addition made to land permanently like constructing a residence or different buildings. People invest in real estate to either reside or for wealth creation. Many people investing in real estate further lend the place for occupation or businesses in return for a monthly payment.

Question

plz solve!!

6. A company was formed on 1 March 2018
by issuing 5,000,000 equity shares at OMR
0.400 each.
If the company issued 3,000,000 more
shares at OMR 0.800 each on 31 July 2019,
How much amount will credit in the share
premium account?
OMR 1,200,000
OMR 2,400,000
OMR 4,400,000
None of these

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