A limited liability company has an authorized share capit...
A limited liability company has an authorized share capital of N50 million split into 100 million shares 80 million share was offered for subscription at 60k per share payable in full on application. These have been fully subscribed and issued.
What is the issued capital?
N40
N48
N50
N80
Correct answer is A
No explanation has been provided for this answer.
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\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...