Question 1

When shares are oversubscribed, the promoter nay decide to scale down the number of shareholding when this is done, the shares are being

  • A.forfrited
  • B.issued at a discount
  • C.issued on prorata
  • D.issued at par
  • E.issued at a premium
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1991
Question no.
#1
Type
Objective

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