A document which acknowledges that a company owes a named person a stated sum of…

Accounts - Principles of Accounts WAEC 1996

A document which acknowledges that a company owes a named person a stated sum of money with the promise that a stated interest rate will be paid periodically is called

  • share certificate
  • preference certificate
  • debenture certificcate checkmark
  • allotment certificate
  • call certificate

The correct answer is: C

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