The subscribed share capital of S ltd. is Rs 1,60,00,000 of Rs 100 each. There were...
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The subscribed share capital of S ltd. is Rs 1,60,00,000 of Rs 100 each. There were no calls in arrear till the final call was made. The final call made was paid on 1,55,000 shares. The calls in arrear amounted to Rs 1,25,000. The final call on share = ? A B C D Rs 10 Rs 15 Rs 20 Rs 25 The subscribed share capital of S ltd. is Rs 1,60,00,000 of Rs 100 each. There were no calls in arrear till the final call was made. The final call made was paid on 1,55,000 shares. The calls in arrear amounted to Rs 1,25,000. The final call on share = ? A B C D Rs 10 Rs 15 Rs 20 Rs 25
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Correct option is D The shares subscribed by the public are 1 60 000 at Rs 100 each The s... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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