A company's authorized share capital was one million ...
A company's authorized share capital was one million ordinary shares at N1 each. Issued 80% of its shares at N1.10 per share. 70k was payable on application, 25k on allotment, 10k due on first call and the balance on second call.
The total amount of money received on application was?
N560,000
N220,000
N800,000
N1,000,000
Correct answer is A
No explanation has been provided for this answer.
Which of the following is apportioned in proportion of the purchases of each department? ...
Use the following information to answer the given question RECEIPTS AND PAYMENTS ACCOUNT: \(\b...
The conversion of a partners business into a limited liability company affords the ...
Provision for depreciation on office furniture is charged to ...
Le Capital (01/01/2020) 1,934,600...
UCHENNA ENTERPRISES: Balance sheet as at 31st December, 1993 \(\begin{array}{c|c} & N & N &a...
Social Club Subscription (Extract) 31/12/2009 Subscription accrued #18,900 Subscription received...