SOLUTION
Shares are said to have been issued at par when an applicant has to pay a sum equal to the face value of the share.
What is meant by ‘issue of shares at par’? (C.B.S.E. 2019. C)
- Post category:Accountancy
- Reading time:1 mins read
SOLUTION
Shares are said to have been issued at par when an applicant has to pay a sum equal to the face value of the share.