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  9. Q27
Question 27

The excess of the par value of a company's shares over the amount for what for which they are issued to the public is called

  • A.discount
  • B.profit
  • C.loss
  • D.premium
  • E.reserve
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1992
Question no.
#27
Type
Objective
Previous · Q26Chukwu's Capital at 1/1/89 and 31/12/89 were N30,000 and N50,000 respectively… Next · Q28 Which of the following is not a balance sheet item?

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