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A company had an authorized share capital of 30,000. It offered applicants N20,000 ...

A company had an authorized share capital of 30,000. It offered applicants N20,000 share capital out of which the company collected N15,000.
What was the issued capital?

A. N5,000
B. N10,000
C. N15,000
D. N20,000
E. N35,000




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