To which of the following is the difference credited when a limited company sells shares at more
Question:
To which of the following is the difference credited when a limited company sells shares at more than their nominal value?
A. Retained earnings
B. The income statement
C. The ordinary share capital account
D. The share premium account.
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D The share premium account When a limited company sells shares at more than th...View the full answer
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Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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