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Commerce · Q1702

Accounting

Graduate and Post Graduate · Commerce · question 1702

Q1702

A company forfeited 100 equity shares of Rs. 10 each on which a final call of Rs. 4 per share was unpaid. At what minimum rate per share these shares can be reissued by the company?

A.
Rs. 6
B.
Rs. 4
Answer
C.
Rs. 8
D.
Rs. 10

Answer: Option B

Solution

Answer: Option B
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