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 amount of goodwill was
N4,000
N3,000
N2,000
N1,600
N1,000
Correct answer is E
No explanation has been provided for this answer.
An underwriter for a company's share is paid ...
The authority to transfer fund from one head to another within the same organization is called ...
An item of appropriation in partnership profit and loss account is ...
Balance sheet (Extract) Creditors #7,940 Prepaid expenses #290 Accrual expenses #323 Stock #4,...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline \t...