A company's authorized share capital was one million ordinary shares at N1 each. Issued 80% of its shares at N1.10 per share. 70k was payable on application, 25k on allotment, 10k due on first call and the balance on second call.

What would be the total amount received on second call?

Similar Questions

The cost that are directly traceable to the the goods being produced is? ...

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

i) Stock of goods ii) Furniture  iii)Creditors iv) Cash at bank v) Loan from the bank De...

Upon the dissolution of a partnership, the Partnership Act provides that the amount realized should ...

At the end of a financial period, the trading profit and loss account of a sole trader shows a profi...

Which of the following cannot depreciate? ...

Balance as per cashbook 2, 970 Bank Charges 220 Unpresented cheques 3,950 Uncredited cheques 4,17...

A crane hired by a building construction company would be classified as ...

Use the following information to answer the given question Emeka Chukwudi (Nig.) Limited is a manuf...

Receipt and payment account discloses? ...