The debenture issued at par above the nominal value is sa...
The debenture issued at par above the nominal value is said to be issued at a
Cost price
Mark-up
Premium
Margin
Correct answer is C
If debentures are issued at a price more than its nominal value (face value) such an issue is called issue at a premium.
The major focus of the trading account is to show ...
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Which of the following item is found on the credit side of the sales ledger control account? ...
On the 30/5/93 Tolu & Co. paid 2 years rent of N50,000 which was debited to the rent account.&nb...
Trading Account (Extract) .................N.............................N...... Opening stock.....
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