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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
    On an equity share of Rs. 20, the company called-up Rs. 16 but Rs.14 has been received by the company, equity share capital account will be credited by:

    A) Rs. 20                                      

    B) Rs. 16      

    C) Rs. 14                                      

    D) Rs. 2

    Correct Answer: B

    Solution :

    [b] Rs.16


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