Financial Accounting - Old Questions

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9.A company issued shares of Rs. 100 each, but the money is called Rs. 30 on application, Rs. 40 allotment, and Rs.40 final call. How much money is premium per share?

a) Rs. 5    b) Rs. 10    c) Rs. 15    d) Rs. 20

1 marks
Asked in 2018-objective

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