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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
    Vinod Ltd. invited applications for 10,00,000 Equity Shares of Rs.10 each. The public applied for 8,55,000 shares. As per SEBI guidelines, subscription of how many shares other than 8,55,000 shares can fulfill the requirement of minimum subscriptions?

    A) 55,000

    B) 45,000

    C) 1,45,000

    D) 1,55,000

    Correct Answer: B

    Solution :

    45,000


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