When a share is sold for less than its nominal value, the difference is called
Discount
Reserve
Premium
Loss
Goodwill
Correct answer is A
No explanation has been provided for this answer.
N4,000
N3,000
N2,000
N1,600
N1,000
Correct answer is E
No explanation has been provided for this answer.
N24,000
N23,000
N20,000
N15,000
N8,000
Correct answer is A
No explanation has been provided for this answer.
Current asset
Current liability
Contingent liability
Fictitious asset
Provision
Correct answer is B
No explanation has been provided for this answer.
Total Debtors and Creditors Accounts
Bank Reconciliation Statement
Statement of Affairs
Trading, Profit and Loss Accounts
Balance Sheet
Correct answer is C
No explanation has been provided for this answer.