12th Class
Accountancy
Accounting For Share Capital
Question Bank
MCQs - Accounting for Share Capital
question_answer
Rishi Ltd. issued 2000 equity share of Rs.10 each, Payable as; on application Rs.3; on allotment Rs.4; on first call Rs.2 and on final call Rs.100 shares were forfeited on which final call was not received. State the maximum amount of discount at which these shares can be reissued: