XYZ Enterprises bought ABC Enterprises by issuing 30,000 ordinary shares of N1 each at a discount of 5%. The assets of ABC Enterprises are stock N18,000. Debtors N11,000. The purchase consideration was by Sunday | Jun 5 | Accounting WAEC | 0 comments A. N31,500 B. N30,000 C. N28,500 D. N28,000 Correct Answer: Option C C. N28,500 Users Also Read These:Opening creditors was N65,000, closing creditors was…If 30% of the purchase consideration was in cash and…A limited company has an authorized capital of…XYZ Ltd's total sales was #100,000. It had opening…In a firm, three employees earns N5,500 each, four…