When shares are sold at more than the par value, they are...
When shares are sold at more than the par value, they are said to have been issued at
A premium
Normal value
A discount
A profit
Correct answer is B
Par value (also known as par, nominal value or face value) is the face value of a bond. Par value for a share refers to the stock value stated in the corporate charter.
The historical development of accounting reveals that it? ...
The parties who are paid last in the event of winding-up are ...
Ant and Bee withdrew GH⊄ 14,000 and GH⊄ 10,000 respectively at 8% per annum from the partn...
The N6,000 subscription received is? ...
Which of the following expenses is apportioned between departments based on sales? ...
A source document that aids the ascertainment of amount paid out of current account is the? ...