Given: Applications were invited by the directors of Abiodun PLC for 500,000 ordinary shares of #1:00 each at #1:10 per share payable as follows; On application 46k On allotment 20k 1st Call 15k 2nd Call 19k How much is to be paid for application?

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Given: Applications were invited by the directors of Abiodun PLC for 500,000 ordinary ...

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Correct Answer: A

Explanation

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