Umana Ltd. issued 200,000 shares at N1 each out of its Au...
Umana Ltd. issued 200,000 shares at N1 each out of its Authorized Share capital of N300,000 at N1 each. At the end of the first call, all shareholders paid in full, except for one shareholder who owes N10,000. The company's paid-up capital is
N310,000
N290,000
N210,000
N190,000
Correct answer is D
No explanation has been provided for this answer.
Payment to creditors ₦12,250 Creditors at start ₦550 Creditors at end ₦830 What is the cr...
An increase in government expenditure within a year is taken care of by means of ...
Cash purchase - D 29,641 Creditors 1/1/14 - D 2,473 Creditors 31/12/14 - D 3,117 Cash paid to cre...
When shares are issued above their nominal value, the excess above the nominal value is ...
Cash discount is often recorded on? ...
The imprest account is subsidiary to the ...
A fixed cost is fixed only in relation to ...
The term 'posting' in Accounting refers to ...
Which of the following is not a proper form of the accounting equation? ...