The authorized capital of city entertainment company is made up of 200,000 2$\frac{1}{2}$% preference shares of Le 60 each and 300,000 ordinary shares have been issued at Le 30 each and fully paid. All the preference dividend and recommended ordinary divided Le 0.10 per share. Using the following information, what is the amount of preference dividend and recommended ordinary divided of Le 0.10 per share

Similar Questions

The ledger entries to be made if cash sales is banked is debit ...

A three column cash book contains column for ...

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

The officer responsible for ascertaining whether all public expenditure and appropriation are in lin...

Segun Ojo didn’t keep her books on double principle. On 1st Jan, 2014, cash in hand was 850, b...

The accounting concept that assumes that a business will continue operating for an indefinite period...

Fiyinfoluwa Motors bought three Toyota Hilux vans on cash at the cost of ₦6,000,000 on debiting th...

Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...

Beginning and ending accounts receivable balances were N8,000 and N15,000 respectively. If collectio...

Use the following information to answer the given question. John and Johnson are in partnership, sh...