Total first and final call due = 10,000×4=40,000.
Less: Sharma's unpaid call on 100 shares = 100×4=400
Less: Verma's unpaid call on 200 shares = 200×4=800
Call received = 40,000−400−800=38,800.
The amount received on First and Final call is
CUET UG 2022 — Accountancy Company Accounts
2022mcqmedium
The amount received on First and Final call is
Official previous-year question
Held on 15 Jul 2022 · Verified 13 Jul 2026.
Options
- A
Rs. 38,800
- B
Rs. 40,000
- C
Rs. 12,000
- D
Rs. 33,600
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