The debenture issued at par above the nominal value is sa...
The debenture issued at par above the nominal value is said to be issued at a
Cost price
Mark-up
Premium
Margin
Correct answer is C
If debentures are issued at a price more than its nominal value (face value) such an issue is called issue at a premium.
The accounting entry to correct sales day book overcast is? ...
Given: Sales ............................N195,200 Stock 1st January.................N34,000 Purch...
On the 30/5/93 Tolu & Co. paid 2 years rent of N50,000 which was debited to the rent account.&nb...
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The receipt whose name appears on a cheque is called a ...