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Z Ltd forfetied 1000equity share of …

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Z Ltd forfetied 1000equity share of rs 10each for non-payment of First call of rs 2per share The final call of rs3 per share was yet to be made. Calculate the maximum amount of discount at which these can be reissued

    • Posted by Sanjay Kumar 8 years, 5 months ago

    CBSE > Class 12 > Accountancy
    • 2 answers

    Kr Vrm 8 years, 5 months ago

    ₹5 as 2 has not paid and 3 hasn't called yet so it means that 5 is paid so a company can issue a maximum discount of 5.

    0Thank You

    Sanjay Kumar 8 years, 5 months ago

    Yes

    2Thank You

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