D Ltd issued 2,00,000 shares of ₹100 each at a premium of ₹20 per share payable ₹ 20 on application, ₹50 on allotment (including premium), ₹30 on first call
State the amount to be transferred to security premium Account
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Answer:
20*200000=4000000
Explanation:
Because ₹20 for premium and it goes in security premium accounts
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