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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
    Rishi Ltd. issued 1,00,000 equity share of Rs.10 each payable as 3 on application; 3 on allotment; and balance in two equal instalments. All the calls were made and received except the final call on 5000 shares. Subscribed but not fully paid up capital will be:

    A) 40,000

    B) 50,000

    C) 8,00,000

    D) 10,00,000

    Correct Answer: A

    Solution :

    40,000


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