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A limited liability company has an authorized shares capital of 50 million split into 100 millions shares. 80million shares are offered for subscriptions at 60k per share in full on application. These have been fully subscribed on issue

What is the nominal value of each share

The imprest of a petty cashier is N2450
Expenses on Printing 420
Cleaning 250
Stamp and postage 175

How much was received to maintain the imprest at the end of the month?

The ware and tear of a fixed assets of a company which is chargeable to company’s financial statement is called ------------------------------

To realize an asset means to

The process of cost apportionment is carried out so that