A Company issued 3,000 equity shares of Rs. 10 each and received applications for Rs. 3,500 equity shares. The shares were allotted on pro-rata basis. Find out the amount adjusted against allotment money if application money received as per share was Rs. 2.50.
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5
Answer:
5 . the current rato is current asset / current lia
2/1 = 50000 / c.l
c.l =. 50000/2
25000
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1
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