1 Allotment questions from CUET Accountancy 2022 15 July Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Allotment โ CUET Accountancy 2022 15 July Shift 2(1โ1 of 1)
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Mona Ltd. issued 10,000 shares of Rs.ย 10 each at Rs.ย 11 per share (Premium =Rs.ย 1).Application: Rs.ย 3 Allotment: Rs.ย 4 (including premium of Rs.ย 1)First & Final Call: Rs.ย 4 Applications were received for 12,000 shares and pro-rata allotment was made. Mr. Sharma, who applied for 120 shares, failed to pay allotment and call money. Calculate the total net amount received by the company on allotment.
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Our database has 1 Allotment questions from CUET Accountancy 2022 15 July Shift 2 covering 2026 to 2026.
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