Question: Moving to another question will save this response. Question 6 of 75 Question 68 1 points SAVE AND Diners Ltd was registered as a company
Moving to another question will save this response. Question 6 of 75 Question 68 1 points SAVE AND Diners Ltd was registered as a company on 1 January 2020. On 4 January 2020, Diners Ltd issued a prospectus offering 100,000 ordinary shares at an issue price of 54.00 each, payable $1.50 on application, $1.50 within a month upon allotment and $1.00 on a call to be decided at a later date. Applications closed on 4 February 2020 with the company having received applications for 130,000 shares. The shares were allotted on 15 February 2020, with the over subscription amount being refunded to unsuccessful applicants on 20 February 2020. All allotment money was received by 15 March 2020. The balance in the Application account on 15 March 2020 : O $195,000 credit O $195,000 debit O $150,000 credit $0
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