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N 2 QUESTION 17 When shares are issued at premium and premium is received by the company, can be used to re-imburse the underwriter. What

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N 2 QUESTION 17 When shares are issued at premium and premium is received by the company, can be used to re-imburse the underwriter. What will be the treatment of premium on this re-imbursement? O It will be debited It will be credited O No treatment None of these QUESTION 18 2 F Minimum share capital of public company is OR 500,000 O R 400,000 O no limit exist OR 100,000

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