ABC Ltd. issued 30,000 shares of 100 each. The whole issue was underwritten by Gokul. In addition,

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ABC Ltd. issued 30,000 shares of ₹100 each. The whole issue was underwritten by Gokul.

In addition, there is a firm underwriting of 4,000 shares by Gokul. Applications for 20,000 shares were received by the company in all. Calculate the liability of Gokul.

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Corporate Accounting

ISBN: 9789353160739

1st Edition

Authors: Anita Raman, P. Radhika

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Question Posted: Aug 31, 2023 04:48 AM

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ABC Ltd. issued 30,000 shares of 100 each. The whole issue was underwritten by Gokul. In addition,

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Liability of Gokul Particulars Gross Liability Less Total A...View the full answer

Corporate Accounting

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