by Sunday | Oct 3 | NABTEB QUESTIONS
Items in the memorandum of association of public company: i. Name of the company ii. Registered office of the company iii. The objectives of the company iv. The amount of authorized capital v. A statement to the effect that the liability of the company is limited vi....
by Sunday | Oct 3 | NABTEB QUESTIONS
Authorized capital: is the highest amount of capital stated in the memorandum of association and approved by the registrar of the company considered as enough to run a company. It is also known as a registered or nominal capital. While Issued capital is part of the...
by Sunday | Oct 3 | NABTEB QUESTIONS
Feature of an Invoice. i. Name and address of the company. ii. The date. iii. The total price in word and figure. iv. The unit price. v. Description column. vi. Quality of goods.
by Sunday | Oct 3 | NABTEB QUESTIONS
The clauses contained in the memorandum of association in a company are as follows: 1. The name of the company with the word “PLC” at the end or Ltd. 2. The statement of the authorized capital. 3. The purpose of setting up/establishing the company/objective of the...
by Sunday | Oct 3 | NABTEB QUESTIONS
Bank Statement: It is periodic statement of account which a commercial bank gives to its customers either monthly or quarterly which has shown the amount deposited and amount withdrawn including the balance whether credit or debit balance. Whereas bank reconciliation...