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 ? - Study24x7
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13 Mar 2020 01:27 PM study24x7 study24x7

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 ?

A

5000

B

4000

C

3000

D

2000

Banking Class 12 (Com) Commerce
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  • Lalitesh sharma
    • iska B hai naa
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    Reply 20 Mar 2020 02:12 PM
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