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Accounts (Principles of Accounts) · Company accounts

Accounts (Principles of Accounts)Company accountsJAMB

A company issued 100,000 shares of ₦1 at par; ₦0.75 per share has been called and paid. Paid-up capital is

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Answer: C. ₦75,000

100,000 × ₦0.75.

An AdmitMe practice question, written for the JAMB syllabus. Not an official past question.

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