Shares issued below nominal value are referred ... - WAEC Accounting 2014 Question
Shares issued below nominal value are referred to as shares at
A
premium
B
discount
C
face value
D
cumulative value
correct option: b
Issue of Shares at Discount Definition: When a share is issued by the company at a price that is less than the face value of the share, the share is said to be issued at a discount.
Please share this, thanks:
Add your answer
No responses