Question

6. Jay Etd issued 1,00.000 equity shares of 10 each. The amount was payable as follows:
83 per share
24 per share
balance
Applications for 95.000 shares were received and shares were allotted to all the applicants. Sonata to
whom 00 siraros were allotted failed to pay allotment money and Gautan paid his entire aurouni Give
incusing the amount due on first and final call on tin: 750 Shares allotted to him along with allotment
Calculate the amount received on allotment.
On application
On allonnent
On ist aid final call
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Answer 1

Explanation:

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