Question

UK Ltd. was incorporated with an authorised share capital of 1,00,000 Equity Shares of
* 10 each. The directors decided to allot 12,000 shares credited as fully paid to the
promoters for their services.
The company also purchased land and building from X Ltd. for 3,00,000 payable in fully
paid-up shares of the company. The balance of the shares were issued to the public, which
were fully subscribed and paid for.​

Answer 1

Answer:

I have SUBSCRIBEd the channal you want to SUBSCRIBE