Question

Durga Ltd. invited applications for issuing 1,00,000 equity shares of Rs. 10 each at par.
ang 10.0 cuiny kures of
20 cash
payable as follows:
On Application
Rs. 2 per share.
On Allotment
Rs. 3 per share.
On First and Final Call
Rs. 5 per share.
-pplications were received for 2,80,000 shares. Applications for 30,000 shares were
oney refunded. Allotment was made to the remaining applicants as follows.
ategory
No. of Shares Applied No. of Shares Allott
1,50,000
85,000
1,00,000
15,000
AK BHATIA CLASSES​

Answer 1

Answer:

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Explanation:

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Answer 2

Explanation:

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