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  9. Q32
Question 32

The excess of value of assets over the purchase consideration on acquisition of a business is credited to

  • A.share capital account
  • B.goodwill account
  • C.capital reserved account
  • D.general reverse account
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2012
Question no.
#32
Type
Objective
Previous · Q31Which of the following errors affects the agreement of a Trial balance? Next · Q33 Which of the following is not the purpose of a control account?

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