A company issues a share of Rs. 10 on which Rs. 8 is called-up and a shareholder has not paid the call of Rs. 2. The amount credited to share capital in respect of such shares will be:
Held on 8 Aug 2022 · Verified 13 Jul 2026.
Rs. 10
Rs. 8
Rs. 6
Rs. 2
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Amount of discount allowed on the reissue of forfeited shares cannot exceed the amount that has:-
The period of how many month/months must elapse between two calls.
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A share having a face value of Rs.12, on which Rs. 10 is called-up and Rs. 8 is paid, is forfeited. State the amount with which the Share Capital account will be debited
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