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The necessary accounts to be opened on the issue of ordinary share capital are?

The necessary accounts to be opened on the issue of ordinary share capital are?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Preference share capital, cash and allotment accounts
  • B Bank and ordinary share capital accounts
  • C Cash and ordinary share capital accounts
  • D Nominal value and ordinary share capital accounts
Correct Answer: Option B
Explanation:

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