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  3. 12th Class
  4. Accountancy
  5. Accounting For Share Capital

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

  • question_answer
    Pro-rata allotment of shares is made when there is:

    A) undersubscription

    B) oversubscription

    C) equal subscription

    D) as and when desired by directors

    Correct Answer: B

    Solution :

    [b] oversubscription


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