Ketan Ltd. issued 80,000 shares of ₹10 each at a premium of ₹2 per share,payable ₹3 on application, ₹4 on allotment, ₹2 on 1st Call and balance on final call. 75,000 shares were subscribed by the public. A shareholder holding 1000 share failed to pay final call money What will be the amount received on final call?
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Ketan Ltd. issued 80,000 shares of ₹10 each at a premium of ₹2 per share,payable ₹3 on application,
₹4 on allotment, ₹2 on 1st Call and balance on final call. 75,000 shares were subscribed by the public
A shareholder holding 1000 share failed to pay final call money What will be the amount received on final call
80,000+10+2+3+4+2+75,000+1000= 156,021
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