Accountancy, asked by Alfiyasayyad, 1 year ago

discount on issue of shares is a​

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Answered by soni62430
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The issue of shares at a discount means the issue of the shares at a price less than the face value of the share. For example, if a company issues share of Rs.100 at Rs.90, then Rs.10 (i.e. Rs 100—90) is the amount of discount. It is nothing but a loss to the company.

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