The maximum amount a company can raise through the issue ...
The maximum amount a company can raise through the issue of shares is
Paid-up capital
Authorized capital
Reserve capital
Loan capital
Correct answer is B
Authorized capital is also known as Nominal or Registered capital. It is the capital set out in the capital clause of the company's memorandum of association.
The main objective of accounting report is to provide information about? ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hline...
Accumulated fund on 1st January 1993 is ...
The principal book of account where accounts are classified and summarized is ...
Goodwill can be introduced when ...
Debtors and credit sales for a period are D 120,00 and D 600,00 respectively. The debtor's payme...
Aminu and Sons credit purchases (Extract] as at February 1996. Feb 1Credit balances 40, 000 Debi...
The main purpose of transaction file is ...
Fatima withdraws goods from the business for personal use. the accounting treatment is to debit? ...
The accounting entry to correct sales day book overcast is? ...