Akshay is a shareholder in a company holding 2,000 shares of rupees 10 each on which he has already paid rupees 7 per share. What will be his liability in the event of companies failure to pay debts? Give reason in support of your answer.
Answers
Answered by
20
Answer:
₹6000
Explanation:
No. of shares = 2000
Cost of one share = ₹10
Cost paid for one share = ₹7
Cost to be paid = cost of one share - cost paid for one share
= 10 - 7 = ₹3
therefore,
The liability in the event of companies failure to pay debts = 3×2000 = ₹6000
Akshay has to pay ₹6000.
Answered by
0
Answer:
6000
Explanation:
hhhhhhhhhhmmmmmmmmm
Similar questions