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Raman Ltd. was registered with an …

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Raman Ltd. was registered with an authorised capital of 5,00,00,000 divided into shares of 10 each. The company red for subscription 4,00,000 shares. Applications were received for 4.50,000 shares. Applications for 50,000 dures were rejected. A shareholder holding 10,000 shares failed to pay the first and final call of 2 per share. The bcribed capital of the company is

Posted by Ashutosh Yaduvanshi 1 year, 9 months ago

CBSE > Class 12 > Accountancy

1 answers

Navneet Kaur 1 year, 9 months ago

Subscribed capital but not fully paid up = 400000*10= 4000000 10000*2=20000 = 4000000-20000= rs 3980000 this is the final answer

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