A share of Rs.10. Issued at a premium of Rs.3. On which Rs.3 was payable on application and Rs.5 was payable on allotment including premium. A…
CUET UG 2025 — Accountancy Company Accounts
A share of Rs.10. Issued at a premium of Rs.3. On which Rs.3 was payable on application and Rs.5 was payable on allotment including premium. A shareholder who had applied for 100 shares was Allotted Only 50 Shares and due to non payment of allotment his shares were forfeited. In this case the amount to be debited to securities premium A/c on forfeiture of these shares are
Held on 2 Jun 2025 · Verified 13 Jul 2026.
Options
- A
Rs.250.
- B
Rs.50.
- C
Rs.100.
- D
Rs.150.
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