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Question 30

Which of the following is not a purpose for which share premium may be utilized?

  • A.issuing fully oaid bonus share
  • B.writing off preliminary expenses
  • C.settling salesman commission
  • D.providing for redeemable preference shares
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2011
Question no.
#30
Type
Objective
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