ACCOUNTING

JAMB 2014 - Question 46

Account 2014 JAMB Past Questions - Question 46: N800,000 worth of ordinary shares of 50k were issued at N1 each, payable in full on application. The entry in the cash book would be to

Choose the most appropriate option for the gap .
N800,000 worth of ordinary shares of 50k were issued at N1 each, payable in full on application. The entry in the cash book would be to
A:
B:
C:
D:
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Correct Answer

C

Explanation