WAEC Accounting 2017 Objective — Question 41
Question 41 of 50 from the West African Examinations Council (WAEC) Accounting 2017 Objective paper, with the correct answer and a full explanation.
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41. When allotment of shares is made applicants for shares of a company become
- A. A. promoters
- B. B. creditors
- C. C. debtors
- D. D. shareholdersCorrect
Explanation
When allotment of shares has been made, the applicant of the shares of the company becomes shareholder.
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