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mediumMCQCUET Accountancy 2022 15 July Shift 22026Accountancy
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[Context based on Mona Ltd.] Calculate the net amount received on the First and Final Call.

  1. A
    Rs. 38,800
  2. B
    Rs. 40,000
  3. C
    Rs. 12,000
  4. D
    Rs. 33,600

Solution & Step-by-step Explanation

1. Total Call Money Due: Calls-in-Arrears:Mr. Sharma's shares shares Mr. Verma's shares shares Total Arrears on Call Net Amount Received:

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[Context based on Mona Ltd.] Calculate the net amount received on the First and Final Call.
A
Rs. 38,800
B
Rs. 40,000
C
Rs. 12,000
D
Rs. 33,600

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