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|Published on: Jun 5|Categories: 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:Public enterprises are established mainly to?Ajijola Enterprises bought 40 pairs of shoes at N45…The purchase of ten ceiling fans by Akpan Electronic…Which of the following justifies the existence of…If 30% of the purchase consideration was in cash and…SEE ALSO A book that contains individual accounts of suppliers is the?