Home » Accounts (Principles of Accounts) » The excess of the par value of a company’s shares over the amount for what…The excess of the par value of a company’s shares over the amount for what… The excess of the par value of a company’s shares over the amount for what for which they are issued to the public is called A. discount B. profit C. loss D. premium E. reserve Correct Answer: Option D Explanation Related Posts The not-for-profit-making organizations generate their income mainly from? Which of the following is entered in the general journal? Payment for shares in excess of amount offered gives rise to “A business unit is assumed to operate into foreseeable future and earn reasonable net income”…. Suppliers personal accounts are found in the Chibuike bought 36 notebooks at N10 each from John and was given a trade discount…
