Shares issued below nominal value are referred to as shares at?

By: |Published on: Mar 20|Categories: Accounting WAEC| 0 comments

A. premium
B. discount
C. face value
D. cumulative value

Correct Answer: Option B

B. discount

Explanation

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.

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