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  3. 12th Class
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  5. Accounting For Share Capital

12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    Applications for Equity shares invited by Vinod Ltd. 10,000. Applications received for 15,000 shares. Prorata allotment was made to all the applicants. Mr. Kumar one applicant who had applied for 120 shares. Shares allotted to Mr. Kumar will be_______

    A) 80

    B) 100

    C) 120

    D) 150

    Correct Answer: A

    Solution :

    80


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