X Ltd was formed with a capital of Rs 10,00,000 divided into shares of Rs 10 each, It offered 90 shares called up 40 on application and 20 on allotment The subscribers paid Rs 3,40,000 on application and Rs 1,69,000 on allotment The subscribed capital is A B C D Rs 10,00,000 Rs 5,10,000 Rs 5,09,00...

Correct option is C Authorized capital Iss ...

X Ltd. was formed with a capital of Rs 10,00,000 divided into shares of Rs 10...

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South Western Federal Taxation 2016 Corporations Partnerships Estates and Trusts

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Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young

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X Ltd. was formed with a capital of Rs 10,00,000 divided into shares of Rs 10...

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Correct option is C Authorized capital Iss... View the full answer

South Western Federal Taxation 2016 Corporations Partnerships Estates and Trusts

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