Home » Accounts (Principles of Accounts) » Alabede (NIG) limited issued 50 000 ordinary shares of N1 each at a market value…Alabede (NIG) limited issued 50 000 ordinary shares of N1 each at a market value… Alabede (NIG) limited issued 50 000 ordinary shares of N1 each at a market value of N2.50 each. the share premium is? A. N125 000 B. N500 000 C. N50 000 D. N25 000 Correct Answer: Option C Explanation Related Posts The total of the creditors at the beginning of the year was N4,600 and at… Department F transferred some goods to department G at a selling price. The goods were… Impersonal account is subdivided into Which of these accounts is dissolution expenses credited? Which of the following is among the categories of government cash book? The costs of acquiring fixed assets and bringing them into the firm is a
