When a share valued at 50k is issued at #1.59, it is said...
When a share valued at 50k is issued at #1.59, it is said to be issued at
Par
Premium
Discount
Interest
Correct answer is B
Issue of shares at premium means that the issuing of shares above the face value (also called as nominal value or par value). Simply put, when shares are issued at a price higher than the face value, it is said to be issued at a premium.
A part of public company's profit belonging to the shareholders is ...
Zazzau Company: Cash in hand................N50 Cash in bank................N1,250 Stock..........
The debit ratio is approximately ...
Zazzau Company: Cash in hand................N50 Cash in bank................N1 250 Stock..........
A financial plan of action expressed in monetary terms is known as ...
\(\begin{array}{c|c} \text{Branch stock account (at selling price)} & D346,000 - debit \\ \text{...
The objective of allocating all costs to producer is to? ...