When a share valued at 50k is issued at #1.59, it is said...
When a share valued at 50k is issued at #1.59, it is said to be issued at
Par
Premium
Discount
Interest
Correct answer is B
Issue of shares at premium means that the issuing of shares above the face value (also called as nominal value or par value). Simply put, when shares are issued at a price higher than the face value, it is said to be issued at a premium.
The authorized capital of city entertainment company is made up of 200,000 212% prefere...
The financial statement which is an expression of the accounting equation is the ...
The value of the sales ledger control account is derived from the summation of the ...
If a sole proprietorship is purchased for cash, then? ...
Four broad classifications of overheads are? ...
A partnership on admitting a new member, revalued the business' land and building from N30,000 t...