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18 Aug 2019 9:41 AM
Which Accounting Standard Deals With Valuation of Inventories?1
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1000 share of Mr X are forfeited due to non payment of call money of Rs 6. FV of A share is Rs 10 and shares were issued at 10% premium which is to be called on allotment.What is the maximum discount at which company can reissue these shares ?
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