The directors of Olu Ltd. recommended a dividend of 10% on 1,000,000 ordinary share capital of GH¢ 2.00 each. The amount of dividend declared is
A computer set bought for #150,000 was disposed for #45,000 after some years of use. The profit on disposal was #7,500. Accumulated depreciation at the time of disposal was
Which of the following terms is not used to describe the total amount stated in the memorandum of association approved by the Registrar of Companies?
Shares issued below the nominal value are referred to as shares at
Sulah took two textile materials worth GH¢ 500 from his business for his children's use. This would be treated as