WAEC Accounting 2016 Objective — Question 35
Question 35 of 50 from the West African Examinations Council (WAEC) Accounting 2016 Objective paper, with the correct answer and a full explanation.
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35. The unsubscribed share capital is A. N300,000 B. N200,000 C. N150,000 D. N100,000
- A. N300,000
- B. N200,000
- C. N150,000
- D. N100,000Correct
Explanation
Unsubscribed is the one for which application is yet to be received = N1 × 100,000 = N100,000.
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