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question_answer Discussion Board for a Question on Quiz: Accounting (WAEC 2000)

50 Questions · Public · Objective · Quiz suitable for all ages

34 Click Here To Discuss Question

XYZ Enterprises bought ABC Enterprises by issuing 30,000 ordinary shares of N1 each at a discount of 5%. The assets of ABC Enterprises are stock N18,000. Debtors N11,000. Capital reserve was

Select 1 Option (1 Mks)
  • N1,500
  • N1,000
  • N500
  • N150
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