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Answer in one sentence only. When are shares allotted on pro-rata basis? - Book Keeping and Accountancy

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Answer in one sentence only.

When are shares allotted on pro-rata basis?

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उत्तर

Shares are said to allotted on pro-rata basis when the applications are received for more shares than the number of shares issued and shares are allotted in proportion of the number of shares applied for.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [पृष्ठ ३४०]

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बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
पाठ 8 Company Accounts - Issue of Shares
Exercise 8.1 (Objective Questions) | Q 1. (E) 6. | पृष्ठ ३४०
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