Given:
Applications were invited by the directors of Abiodun PLC for 500,000 ordinary shares of #1:00 each at #1:10 per share payable as follows;
On application 46k
On allotment 20k
1st Call 15k
2nd Call 19k

How much is to be paid for application?

Similar Questions

The following are the final accounts of a trading organisation Wazobi ventures, for the year ended 3...

Given an incomplete record without sufficient information to determine profit, the necessary thing t...

Issued capital.................100,000 Ordinary shares................40,000 Preference shares.......

A business has three departments x, y and z You are given the following information Selling an...

Which of the following is not an instrument for controlling public expenditure? ...

A debenture holder is a ...

Which of the following is not a real account? ...

Us the following information to answer the question given. \(\begin{array}{c|c} \text{Cost of m...

Balance as per cash book................N13560 Unpresented cheques.....................N5120 Uncre...

Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline...