Question

If a share of = 100 on which = 60 has been paid, is forfeited, it can be reissued at the minimum price of: ​

Answer 1

Answer:

The forfeited shares can be reissued by the company at any price. But in no case, the amount collected on reissue of share price plus the amount already forfeited be less than the amount credited as paid upon reissue of shares. For example, if a share of Rs. 10 on which Rs 6 has already been paid is forfeited and reissued as fully paid, the a minimum of Rs. 4 must be collected

Answer 2

Answer:

Hope it's correct thank you ♡(∩o∩)♡