Question

sitcoltd.has an issued of rs 100000 in equity shares of rs 10 each , rs 8 per share called and paid up with the exception of one share holder , who faile to pay the 1st call money of rs 2 per shre on his 300 shares​

Answer 1

Answer:

ladkiya accountancy

kab se padne lagi

Explanation:

Note: 20,000 shares were allotted to 50,000 applicants, surplus application money Rs. 90,000 (i.e., 30,000

Rs. 3) was adjusted towards Shares Allotment Rs. 80,000 (i.e., 20,000

4) and balance Rs. 10,000 was refunded to the applicants.