No products in the cart.

Creative Ltd issued equity shares Rs.10,00,000 …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

Creative Ltd issued equity shares Rs.10,00,000 divided into Rs.10 shares were allotted in full to the remaining applicants. All the money due was 6at a premium @ 20% per share, payable as under:On Application Rs.3 per shareOn Allotment Rs.5 per share (including premium)On First and Final Call BalanceOver payments on application were to be applied towards sums due on allotment. Where no allotment was made, money was to be refunded in full. The issue was oversubscribed to the extent of 1,20,000 shares. Applicants for 10,000shares were sent letters of regret. Shares duly received except a shareholder who applied for 110 shares failed to pay allotment and first call his share were forfeited and re-issue at Rs.950 fully paid up.
  • 1 answers

Arav Sharma 5 months, 4 weeks ago

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.
  • Don't post personal information, mobile numbers and other details.
  • Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
  • Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
  • Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.
http://mycbseguide.com/examin8/

Related Questions

U and V Were Partners in a firm
  • 0 answers
Accounting for partnership Firms Fundamentals notes
  • 0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App