Question 136
Accountancy
2022
Medium
MCQ
+5.00 marks · -1.00 negative
A company issued 4000 equity shares of ₹10 each at par payable as under:
Application | Allotment | First Call | Final Call
₹3 | ₹2 | ₹4 | ₹1
Applications were received for 10,000 shares. Allotment was made on pro-rata basis.
How much amount will be received in cash on allotment?
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