A business whose assets consisted of stock N15,000 and de...
A business whose assets consisted of stock N15,000 and debtors N8,000 was bought by issuing 20,000 ordinary shares of N1 each at a premium of 20 percent.
The purchase consideration was
N24,000
N23,000
N20,000
N15,000
N8,000
Correct answer is A
No explanation has been provided for this answer.
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