Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 8 not yet answered marked out of 1 p flag

Question 8 Not yet answered Marked out of 1 P Flag question Paramount Incorporation issued...

80.2K

Verified Solution

Question

Accounting

image
Question 8 Not yet answered Marked out of 1 P Flag question Paramount Incorporation issued 200,000 shares of OMR 0.500 each. 80% of the shares were subscribed by the public. The directors called for 70 % of the face value of shares. The total amount of called up capital of Paramount Incorporation is: a. OMR 112,500 O b. OMR 80,000 O c. OMR 56,000 O d. OMR 70,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In an auditorium with 500 people one person will be chosen to win a 100...

Basic Math
Q

In an unusual population of humans (we’ll call them pressurites), blood pressures tend to be much...

Medical Sciences
Q

Parents who provide lax and inconsistent feedback to their children use the O disoriented O...

Biology
Q

A B Characteristic Composition Reproduction Genetic material Organelles Crystallization Characteristic Composition Reproduction Genetic material Organelles...

Biology
Q

A researcher conducts an experiment to examine the differences in college costs in Illinois and...

Statistics
Q

What is the amplitude and period of the function f x 2 sin 7x Provide...

Calculus
Q

Greta and Greg are twins Their parents want to know if watching television helps or...

Algebra
Q

Question 4 5 5 37 Use a double angle identity to find the exact value...

Algebra
Q

Sarasota Company began operations...

Accounting
Q

McDermott Company's bank statement for September 30 showed an ending cash balance of $1,490. The...

Accounting
Q

Required: a. Assuming there are no alternative uses for Hazlett \& Family's present capacity, would...

Accounting
Q

Which statement is true concerning a controlled disbursement account? The total number of checks that...

Finance