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_______