Badge Plc issued 450 000 ordeinary shares of 50... - JAMB Accounting 2016 Question
Badge Plc issued 450,000 ordeinary shares of 50k each at #1.50 per share
Application and allotment 45k
1st call 50k
2nd call 55k
Determine the amount received on final call.
Application and allotment 45k
1st call 50k
2nd call 55k
Determine the amount received on final call.
A
#225,000
B
#236,250
C
#247,500
D
#202,500
correct option: c
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