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A unit of a company capital is?

Accounts - Principles of Accounts
WAEC 2022

A unit of a company capital is?

  • A. debenture
  • B. stock
  • C. premium
  • D. share
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Correct Answer: Option D
Explanation

Share can be defined as a unit of capital of a company allocated to an individual. It is the interest of the shareholder in the company mesured by in terms of money for purpose of liability in the first place and of interest in the second.

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