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

  • question_answer
    One of the conditions, in addition to others, for allotment of shares is:

    A) resolution in general meeting

    B) receiving minimum subscription

    C) full subscription by public

    D) full payment on application

    Correct Answer: B

    Solution :

    [b] receiving minimum subscription


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