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Ellen, Newton and Pious are shareholders of a limited liability company called ENP Company limited with each of them holding 500 shares. The valve
Ellen, Newton and Pious are shareholders of a limited liability company called ENP Company limited with each of them holding 500 shares. The valve of each shave was Gh&1. Newton and Pious paid cash for their shares, but Ellen provided parcel of land valved at Ghd 500. In 2018 Pious returned the shares to the company. In 2019 those shares re-issued to Derrick at Gh2 were had per share. Ellen's land which stre gave appreciated in valve to Ght 1,000. In the course of operations, the company had incurred liabilities in the sum of Ght 500. As an expert in company law, you you required to answer the following queries by some students of Valley View University are on 9 case above facts (0) working Question study on the Given that the assets of the company are stated as Ghc 4,000 in the audited accounts of the company, what will be the Reserve of the Company?
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