JAMB Accounting Past Questions & Answers - Page 123

#800,000 worth of ordinary shares of 50k were issued at #1 each, payable in full on application. The entry in the cash book would be to

The details of the share capital which a company is authorized to issue is contained in the

Payment for shares in excess of amount offered gives rise to

The expenses incurred in purchasing a vehicle is a

Where partnership is converted into a limited liability company, current account balances of partners are transferred to a