Alabede (NIG) limited issued 50 000 ordinary shares of N1 each at a market value of N2.50 each. the share premium is?

Similar Questions

The necessary accounts to be opened on the issue of ordinary share capital are? ...

Wages of machine operators in manufacturing account are treated as ...

\(\begin{array}{c|c} & ₦\\ \hline \text{Opening stock} & 40,000\\ \text{Purchases} & 1...

The purchase of furniture, an asset to the company was debited to purchases account. This is an erro...

An account is said to have a debit balance because ...

In public sector accounting, salaries of employees are classified as  ...

Badge Plc issued 450,000 ordeinary shares of 50k each at N1.50 per share  Application and allo...

The standing order is a payment instruction given by a? ...

Purchase of goods of N2,000 was treated as sales and entered in the sales day book and had been carr...

The principal function of a sales ledger control account is to ...