When a share is sold for less than its nominal value, the...
When a share is sold for less than its nominal value, the difference is debited to
Share premium account
Share discount account
Profit and loss account
Capital reserve account
General reserve account
Correct answer is B
No explanation has been provided for this answer.
Which of these is not a subsidiary books? ...
\(\begin{array}{c|c} & ₦\\ \hline \text{Opening debtors} & 40,000\\ \text{Opening creditor...
Profit distributed to ordinary shareholders of a limited liability company is ...
The Assets and liabilities of Udo Co.ltd. as at 31st December, 2000. Creditors N50,000 Debtors N...
An example of capital gain s ...
The discount column on the left-hand side of cash book represents a discount ...
Given: purchases ledger balance..............N4000 purchases for the period..............N50000 C...
Receipts and Payment Account (Extract) &nbs...