GRO Academy Exam Prep
Sign in Start free My dashboard
Open menu
Menu
JAMB UTME
Overview All subjects Mock exams Plans and prices
WAEC SSCE
Overview All subjects Plans and prices
All exams
IGCSE and A-Level Coming soon
About us Blog Contact Physical school ↗
Create free account Sign in
My dashboard Log out

Issue of shares and debentures

WAEC Financial Accounting Revision Notes

  • Company Accounts
  • SS3 · First Term
  • 2 min read
  • Checked by imtiaz ahmed

Classes of shares, issues at par, at a premium and at a discount, the application entries, and over-subscription and debentures.

In these notes
  1. Types of shares
  2. Share capital terms
  3. Issuing shares
  4. Reserves
  5. Dividends
  6. Bonus and rights issues
  7. More classes of share
  8. Entries for an application
  9. Over- and under-subscription
  10. Debentures

Revision notes come with the Complete plan

Complete gives you revision notes, the curriculum checklist, practice papers and problem-solving quizzes, as well as every exam question with its worked answer. ₦15,000 a month, or ₦162,000 a year.

See the plans Sign in

Practise this topic

All Financial Accounting notes
  1. SS1
    1. Foundations of Accounting
      1. Introduction to accounting
      2. Transactions and the equation
      3. Books of account: the ledger and the journal
    2. Recording Transactions
      1. Double entry book-keeping
      2. Balancing ledger accounts
      3. The trial balance
      4. Source documents
      5. Subsidiary books
      6. Classification of accounts and the ledger
      7. Opening entries
    3. Cash and Bank
      1. Single and two column cash books
      2. The three column cash book and discounts
      3. The petty cash book and imprest system
      4. The bank account and its operations
      5. Bank reconciliation statement
    4. Errors and Control Accounts
      1. Errors and the trial balance
      2. Correction of errors and suspense accounts
    5. Final Accounts of a Sole Trader
      1. The trading account
      2. The profit and loss account
      3. The balance sheet
  2. SS2
    1. Foundations of Accounting
      1. Accounting concepts and conventions
    2. Errors and Control Accounts
      1. Control accounts
    3. Final Accounts of a Sole Trader
      1. Special transactions, bad debts and closing entries
      2. Provision for doubtful debts
      3. Provision for discounts
      4. Accruals and prepayments
      5. Final accounts with adjustments
    4. Fixed Assets and Stock
      1. Depreciation of fixed assets
      2. Stock valuation
      3. Capital and revenue expenditure
      4. Disposal of fixed assets
    5. Specialised Accounts
      1. Departmental accounts
      2. Manufacturing accounts
      3. Joint venture accounts
      4. Consignment accounts
    6. Incomplete Records and Non-Profit Organisations
      1. Single entry and statement of affairs
      2. Incomplete records
      3. Receipts and payments accounts
      4. Income and expenditure accounts
    7. Interpretation, Public Sector and Data Processing
      1. Introduction to accounting ratios
  3. SS3
    1. Specialised Accounts
      1. Branch accounts
    2. Partnership Accounts
      1. Partnership agreement, capital and current accounts
      2. Final accounts of a partnership
      3. Admission of a partner and goodwill
      4. Dissolution of a partnership
    3. Company Accounts
      1. Introduction to company accounts
      2. Final accounts of limited liability companies
      3. Issue of shares and debentures
      4. Purchase of a business
    4. Interpretation, Public Sector and Data Processing
      1. Interpretation of financial statements
      2. Public sector accounting
      3. Introduction to data processing

CONTACT US

 Have questions, let us help!