Tale LTd. has 100,000 ordinary shares of ₦1 each and 60...
Tale LTd. has 100,000 ordinary shares of ₦1 each and 60,000 5% preference shares of ₦1 each. Both were fully paid as shown below,
₦Profit and loss appropriation b/f10,000Net profit for the year6,000Proposed dividend on ordinary shares4,000Interim dividend6,000Goodwill written off600
The dividend payable to preference shareholders is
₦9,000
₦6,000
₦3,000
₦2,400
Correct answer is C
No explanation has been provided for this answer.
An item in the balance sheet of a limited liability company is ...
Use the following information to answer the given question: \(\begin{array}{c|c} \text{Date of de...
If the gross profit margin is 10% of sales, what is the value of the cost of goods sold? ...
What is the ledger entry for sale of generator on credit to Patrick? ...
Carriage inwards is posted to ...
₦ Capital: Opening balance &n...
Trading Account (Extract) .................N.............................N...... Opening stock.....