Umana Ltd. issued 200,000 shares at N1 each out of its Authorized Share capital of N300,000 at N1 each. At the end of the first call, all shareholders paid ...

Authorized share capital is the maximum number of shares a company is allowed to issue. In this case, Umana Ltd. has an authorized share capital of N300,000 at N1 each, which means they can issue up to 300,000 shares. However, they only issued 200,000 shares at N1 each, which means they raised N200,000 in total from the shareholders. The amount they can still issue is the difference between their authorized share capital and the amount they have already issued, which is N300,000 minus N200,000, which equals N100,000. Now, all shareholders paid in full except one who owes N10,000. This means the company has received N10,000 less than they should have from that particular shareholder. However, this does not affect the total authorized share capital or the amount of unissued capital. Therefore, the unissued capital of the company is still N100,000. The correct answer is option D, N100,000.