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Y Ltd. Forfeited 100 equity shares …

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Y Ltd. Forfeited 100 equity shares of Rs. 10 each for the non payment of first call of Rs. 2 per share. The final call of Rs. 2 per share was yet to be made. Calculate the maximum amount of discount at which these shares can be re-issued.

    • Posted by Mahak Singhal 8 years, 2 months ago

    CBSE > Class 12 > Accountancy
    • 6 answers

    Yas S 8 years, 2 months ago

    6

    2Thank You

    Vinay Bhadana 8 years, 2 months ago

    6 because only the value of forfeited shares can be offered for discount at the time of issue of shares

    2Thank You

    Shreya Gautam 8 years, 2 months ago

    6

    1Thank You

    Mitthu Singh 8 years, 2 months ago

    6

    1Thank You

    Vivek Kanojiya 8 years, 2 months ago

    Sry 6 because we ve received 6 earlier

    2Thank You

    Vivek Kanojiya 8 years, 2 months ago

    4

    1Thank You

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