Given:
Authorized Capital: N100,000 ordina...
Given:
Authorized Capital: N100,000 ordinary shares of N1 each
Issued and fully paid:
50,000 ordinary shares of N1 each 50,000
10, 000 8% perference shares
of N 1 each
Reserves 10,000
Creditors 25,000
Debtors 13 000
Cash in hand 5000
Calculate the shareholders fund
N60,000
N75,000
N85,000
N185,000
Correct answer is C
No explanation has been provided for this answer.
Subscription in advance is treated in the balance sheet under ...
Lubricating oil and spare parts of machinery are examples of? ...
An approach for discovering missing figures in incomplete records is the use of ...
The cost method of charging goods to branch is used where? ...
Opening capital ---10,800 Drawings----------- 2,500 Trade creditors ----2,560 Trade debtors -----...
Goodwill is determined using? ...
Which of the following is not a balance sheet item? ...
Use the following information to answer the given question. \(\begin{array}{c|c} & & N ...
An ordinary share of ₦100 was issued at ₦80. The share was issued at ...