Advanced Placement (AP), 16.09.2021 16:30 gabrielaelisa224
XYZ company Ltd issued 10000 shares of RS.10 each at a premium of RS. 2 per share payable as follows:
Rs.2 on application along with premium RS.2.
Rs.3 on allotment and balance first and final call.
All the shares were applied for and duly allotted.
Required: a. Application b. Allotment c. first and final call
Answers: 3
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XYZ company Ltd issued 10000 shares of RS.10 each at a premium of RS. 2 per share payable as follows...
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