Use the following information and answer the qu... - WAEC Accounting 2016 Question
Use the following information and answer the question below.
Oruma Ltd issued 300,000 ordinary shares at N100 each. Applications were received for 200,000 shares and all those who applied, paid in full.
The unsubscribed share capital is
Oruma Ltd issued 300,000 ordinary shares at N100 each. Applications were received for 200,000 shares and all those who applied, paid in full.
The unsubscribed share capital is
A
N300,000
B
N250,000
C
N200,000
D
N150,000
correct option: d
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