Question on: JAMB Accounting - 2012
In converting a partnership into a limited liability company, the necessary accounts to be opened in the books of the company are
A
business purchase account and ordinary share capital account
B
Business purchase account, vendor account and ordinary share capital account
C
business purchase account and vendor account
D
ordinary share capital account, vendor account and unpaid share capital account
Ask EduPadi AI for a detailed answer
Correct Option: B
Add your answer
Please share this, thanks!
No responses