12th Class
Accountancy
Accounting For Share Capital
Question Bank
MCQs - Accounting for Share Capital
question_answer
Vinod Ltd invited application for 10,000 Equity Shares of Rs.10 each. Applications were received for 15,000 shares and prorate allotment was made to all the applicants. If Mohan (one shareholder) was allotted 80 shares, find the shares applied by him.