Following balances appeared in the books Kangna
Ltd.
Eq. Shares of 10 each 3,00,000
Pref. Shares of 10 each 1,00,000
Securities Premium 1,00,000
General Reserve 1,00,000
P&L A/c 1,00,000
Debentures 8,00,000
Trade Payables 5,00,000
Ascertain Maximum no. of shares at given price
0 5388
O 5338
O 5833
O 5383
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