Oil and Buns issued to the public 1,300,000 ordinary shar...
Oil and Buns issued to the public 1,300,000 ordinary shares of 75k at a price of #1.50k. Application and allotment were received for 900,000 shares at 25k each.
Determine the amount received on application and allotment.
#224,950
#225,000
#324,950
#325,000
Correct answer is B
No explanation has been provided for this answer.
An example of appropriation of profit in a company is ...
Stock valuation is useful because it forms the sales department on the? ...
A trial balance is a proof of accuracy of ...
The transformation of pieces of information into a more useful format is ...
In order to make the cash book balance equal to the bank statement, it is usual to add? ...
The books of accounts are opened by means of a ...
Which of the following is an example of factory overheads? ...