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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 paid-up capital?

A. N35,000
B. N30,000
C. N20,000
D. N15,000
E. N5,000




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