JAMB Accounting 2023 Objective — Question 25

Question 25 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2023 Objective paper, with the correct answer and a full explanation.

This share is said to be issued at A.

A. par
B. discount
C. profit
D. premiumCorrect

Explanation

When a share is issued above its par value such shares is said to be issued of premium.

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