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Jaquar, SAOG issues 2,500,000 8% Irredeemable preference shares with a par value of OMR 1 at a premium issue price of OMR 1.300 on 1st
Jaquar, SAOG issues 2,500,000 8% Irredeemable preference shares with a par value of OMR 1 at a premium issue price of OMR 1.300 on 1st Jan 2019. Evaluate this and find the amount which is shown in bank account for this issue under the current assets? a. 3,250,000 OMR b. 2,500,000 OMR c. None of the options d. 750,000 OMR
Jaquar, SAOG issues 2,500,000 8% Irredeemable preference shares with a par value of OMR 1 at a premium issue price of OMR 1.300 on 1st Jan 2019. Evaluate this and find the amount which is shown in bank account for this issue under the current assets?
a.
3,250,000 OMR
b.
2,500,000 OMR
c.
None of the options
d.
750,000 OMR
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