Accounting WAEC

An ordinary share of ₦100 was issued at ₦80. The share was issued at?

A. premium
B. par
C. discount
D. loss

Correct Answer: Option C

C. discount

Explanation

Share issued at discount is a situation whereby shares are quoted below the nominal value.

AddThis Website Tools
Sunday

Recent Posts

TEE 239 Theory Questions: Halliday’s Functions of Language

200 Level Language Acquisition Process exam questions and detailed answers. Download the answers in document format.…

22 hours ago

TEE 239 Theory Questions: Functions of English in Nigeria

200 Level Language Acquisition Process exam questions and detailed answers. Download the answers in document format.…

22 hours ago

TEE 239 Theory Questions: Innatist Theory and Mentalist Thought ​

200 Level Language Acquisition Proces exam questions and detailed answers. Download the answers in document format.…

22 hours ago

TEE 239 Theory Questions: Language Acquisition and Learning

200 Level Language Acquisition Process exam questions and detailed answers. Download the answers in document format.…

23 hours ago

TEE 206 Theory Question: Lesson Plan for SS2 Students

200 Level English Language And Literature Methods exam questions and detailed answers. Download the answers in document…

24 hours ago

TEE 206 Theory Questions: Teaching Literature in Schools

200 Level English Language And Literature Methods exam questions and detailed answers. Download the answers in document…

1 day ago