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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
    The maximum discount on reissue of forfeited shares cannot exceed:

    A) 5 % of the face value

    B) 10% of the face value

    C) The amount received on forfeited share 

    D) The amount not received on fitfeited share

    Correct Answer: C

    Solution :

    The amount received on forfeited share 


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