Question

For every Rs.1 lakh of fresh issue of capital there should be atleast

A. 5 shareholders

B. 10 shareholders

C. 15 shareholders

D. 20 shareholders

​

Answer 1

Answer:

Under this method, amount unpaid by the shareholders is transferred by debiting it to a separate account called calls in arrear account. When calls in arrear is collected or when the share is forfeited, the calls in arrear account is credited.

Answer 2

option b

10 share holders