Discount on issue of shares A/c is shown on: (a). Assets side of B/s (b). Liabilities side
Question:
Discount on issue of shares A/c is shown on:
(a). Assets side of B/s
(b). Liabilities side of B/s
(c). Debit side of Profit & Loss A/c
(d). Credit side of Trading A/c
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Aun Ali
I am an Associate Member of Cost and Management Accountants of Pakistan with vast experience in the field of accounting and finance, including more than 17 years of teaching experience at university level. I have been teaching at both undergraduate and post graduate levels. My area of specialization is cost and management accounting but I have taught various subjects related to accounting and finance.
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