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I have a question relating to the share issuance cost.
For example: A company issue 5 shares of $1 at a price of $3 per shares. The cost relates to the issue is 1$.
How would the cost be treated in the issue? Is it gonna be a deduct from the share premium?
Yes, the costs directly attributable to the share issue would be deducted against the share premium account as opposed to being expensed through profit or loss.
Thank you for your answer