An ordinary share of 100 was issued at 80 The s... - JAMB Accounting 2019 Question
An ordinary share of ₦100 was issued at ₦80. The share was issued at
A
premium
B
par
C
discount
D
loss
correct option: c
Share Issued at Discount is a stock issued at a price below its face value. For example, a share with par of $100 might be issued to an investor for $70. Shares issued at discount are rare because stocks almost never have face values anymore.
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