» Given:Authorized Capital: N 100,000 ordin..

Question 1 Report

» Given:Authorized Capital: N

100,000 ordinary shares of ₦1 eash

Issued and fully paid:

50,000 ordinary shares of ₦1 each 50,000

10, 000 8% perference shares

Of ₦1 each

Reserves 10,000

Creditors 25,000

Debtors 13 000

Cash in hand 5000Calculate the shareholders fund

₦60,000

₦75,000

₦85,000

₦185,000

» Given:Authorized Capital: N 100,000 ordinary shares of ₦1 eash Issued and fully paid: 50,000 ordinary shares of ₦1 each 50,000 10, 000 8% perference share...