When shares are sold at more than the par value, they are said to have been issued at

  • A A premium
  • B Normal value
  • C A discount
  • D A profit
jamb 2015accounting

The correct answer is B. Normal value

Par value  (also known as par, nominal value or face value) is the face value of a bond. Par value for a share refers to the stock value stated in the corporate charter.

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