Share premium can be used to?
i. Write off discoun...
Share premium can be used to?
i. Write off discount on shares
ii. Give loans to directors
iii. Pay dividends
iv. Pay company's formation expenses.
i and iv only
i and iii only
ii and iii only
iii and iv only
Correct answer is B
No explanation has been provided for this answer.
In a bank reconciliation statement, Dishonoured cheques is added to ...
Discount allowed is shown in financial statements as ...
The directors' salaries paid are items of? ...
A rent ₦12,000 was paid by Taiwo to his landlord by cheque. The double entry in Taiwo's books ...
Goodwill may be brought into the books when ...
Resources owned and controlled by a business are classified as ...
When a transaction is completely left out from the books, it is an error of ...
A source document that aids the ascertainment of amount paid out of current account is the? ...