Shares issued below nominal value are referred to as shar...
Shares issued below nominal value are referred to as shares at
Premium
Discount
Face value
Cumulative value
Correct answer is B
Issue of Shares at Discount Definition: When a share is issued by the company at a price that is less than the face value of the share, the share is said to be issued at a discount.
In a petty cash book the imprest is N1380. Expenses: Stationery N350 Cleaning material N335 Gene...
\(\begin{array}{c|c} & N \\ \hline \text{Fixed assets} & 12,000 \\ \text{Current assets} &am...
Which of the following attracts a fixed rate of dividend? ...
On Jan. 30 Khalifa withdraw N2500 from the bank for office use. The cash balance at end of the mo...
Which of the following demonstrates the imprest system? ...
Given: N Direct material - 10 000 Direct labour - 5000 Direct expenses - 2000 Factory overhead -...
Trade debts amounting to N300 were written off. Which of the following would be affected? ...