The necessary accounts to be opened on the issue of ordinary share capital are?
FINANCIAL
JAMB 2003
The necessary accounts to be opened on the issue of ordinary share capital are?
- 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: B. bank and ordinary share capital accounts
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