Alabede (NIG) limited issued 50 000 ordinary shares of N1 each at a market value…

Accounts - Principles of Accounts JAMB 1997

Alabede (NIG) limited issued 50 000 ordinary shares of N1 each at a market value of N2.50 each. the share premium is?

  • N125 000
  • N500 000
  • N50 000 checkmark
  • N25 000

The correct answer is: C

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