16) On sale of equity shares the equity shares accounts is credited by
O Nominal value
O Market price
O
Cost price
Net selling price
Answers
Answer:
market price and cost price not selling price
Answer:
Nominal Value
Explanation:
The redemption price is generally stated on the front of a security's nominal value, also known as face or par value. It is the stated value of issued security, as opposed to its market value, in the case of bonds and stocks. In economics, nominal values refer to the present rate or price that hasn't been adjusted for inflation or other factors, as opposed to real values, which have been adjusted for general price level fluctuations over time. Interest payments, market values, discounts, premiums, and yields all rely on the nominal value. Due to supply and demand considerations, the nominal value of the ordinary stock will normally be significantly lower than its market value, however, the nominal value of the preferred stock should be closer to its market value. Based on market interest rates, the nominal value of a bond will differ from its market value. Whether it's nominal GDP against real GDP or nominal interest rates versus real interest rates, nominal and real values are important in economics.
#SPJ3