Apaar Ltd forfeited 4,000 shares of 20 each, fully called up, on which only application money of 6 has been paid. Out of these 2,000 shares were reissued and 38,000 has been transferred to capital reserve. Calculate the rate at which these shares were reissued
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Apaar Ltd forfeited 4,000 shares of 20 each, fully called up, on which only application money of 6 has been paid. Out of these 2,000 shares were reissued and 38,000 has been transferred to capital reserve. Calculate the rate at which these shares were reissuedApaar Ltd forfeited 4,000 shares of 20 each, fully called up, on which only application money of 6 has been paid. Out of these 2,000 shares were reissued and 38,000 has been transferred to capital reserve. Calculate the rate at which these shares were reissued TOTAL
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