30 shares of a company on which application money of Rs. 3 per share has been...
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30 shares of a company on which application money of Rs. 3 per share has been duly paid are forfeited for non payment of allotment money of Rs. 3 each and first and final call of Rs. 4 each. These shares are then re-issued at Rs.8 per share fully paid. How much money should be transferred to capital reserve? 30 shares of a company on which application money of Rs. 3 per share has been duly paid are forfeited for non payment of allotment money of Rs. 3 each and first and final call of Rs. 4 each. These shares are then re-issued at Rs.8 per share fully paid. How much money should be transferred to capital reserve?
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30 shares of a company application money on which 7 Rs 3 Por share has been duly Paid ad fue fe... View the full answer
Related Book For
Organic Chemistry
ISBN: 978-1118133576
11th edition
Authors: Graham Solomons, Craig Fryhle, Scott Snyder
Posted Date:
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