25. A company has resolved to call Rs.2 per share at the time (1)
of winding up of the company. Rs 2 per share is
capital.
26. Which of the following transactions will result into 'Flow (1)
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Solution :25
It will be classified or shown as 'Subscribed but Not Fully Paid-up' because the company has called and received Rs 8 per share against its nominal (face) value of Rs 10.
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