Accountancy, asked by sumitkarn, 6 months ago

does calls in advance get affected in pro rata allotment?​

Answers

Answered by arminder0305
1

Answer:

When a company makes pro-rata allotment, it adjusts the excess money received at the time of application firstly, towards the allotment and then towards calls. It refunds any surplus left after adjusting the amount towards allotment and calls to the applicants.

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