Home » Accounts (Principles of Accounts) » When shares are oversubscribed, the promoters may decide to scale down. When this is done,…When shares are oversubscribed, the promoters may decide to scale down. When this is done,… When shares are oversubscribed, the promoters may decide to scale down. When this is done, the shares are issued proportionately A. on pro-rate B. at discount C. at par D. at premium Correct Answer: Option A Explanation Related Posts The basis upon which assets of an organization is valued is the Which of the following does not form part of shareholders fund? Goodwill appears in the books of a business only if it has been Returns inwards is also called Which of the following accounts for the highest revenue to Nigeria? calculate the sales ledger balance
