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12th Class Accountancy Accounting For Share Capital Question Bank Case Based - Accounting for Share Capital

  • question_answer
    State the minimum amount at which these shares can be reissued:

    A) Can be reissued at Rs.45 after allowing maximum discount

    B) Can be reissued at Rs.100 without allowing maximum discount or issuing at premium

    C) Can be reissued at Rs.55 after allowing maximum discount

    D) Can be reissued at Rs.50 after allowing maximum discount

    Correct Answer: A

    Solution :

    Can be reissued at Rs.45 after allowing maximum discount


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