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Which of the following is not a purpose for which share premium may be utilized?
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2011
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Which of the following is not a purpose for which share premium may be utilized?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Issuing fully oaid bonus share
B
Writing off preliminary expenses
C
Settling salesman commission
D
Providing for redeemable preference shares
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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Accounts - Principles of Accounts
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