JAMB Accounts Principles of Accounts 2019 Paper

Concept:Unissued capital is the part of authorized share capital not yet offered or sold to shareholders.Explanation:Issued shares amount to $100{,}000$ shares at $₦1$ each.So, issued capital $= 100{,}000 \times ₦1 = ₦100{,}000$.Authorized share capital is $₦200{,}000$.Unissued capital is the difference between authorized and issued capital.$₦200{,}000 - ₦100{,}000 = ₦100{,}000$.Answer:D. $₦100{,}000$