A company had an authorized share capital of 30,000. It offered applicants N20,000 share capital…

Commerce WAEC 1989

A company had an authorized share capital of 30,000. It offered applicants N20,000 share capital out of which the company collected N15,000.
What was the unissued capital?

  • N35,000
  • N30,000
  • N15,000
  • N10,000 checkmark
  • N5,000

The correct answer is: D

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment