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  9. Q7
Question 7

An excess of the value of the assets over the purchases consideration for acquisition of business is credited to

  • A.general reserve
  • B.capital reserve
  • C.goodwill
  • D.current asset
  • E.share capital
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
1993
Question no.
#7
Type
Objective
Previous · Q6Payment for future services are Next · Q8 shares are sold at less than nominal value. They are issued at a

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