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What is the rate of interest which can be allowed on Calls-in advance? - Accounts

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प्रश्न

What is the rate of interest which can be allowed on Calls-in advance?

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उत्तर

Interest may be allowed at 6% p.a., if provided in the Articles of Association.

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पाठ 6: Company Accounts - Issue of Shares - SHORT ANSWER QUESTIONS [पृष्ठ ६.१४७]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 6 Company Accounts - Issue of Shares
SHORT ANSWER QUESTIONS | Q 27. c | पृष्ठ ६.१४७
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