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प्रश्न
Y Ltd. forteited 100 equity shares of Rs 10 each for the non-payment of first call of Rs 2 per share. The final call of Rs 2 per share was yet to be made.
Calculate the maximum amount of discount at which these shares can be re-issued
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उत्तर
The maximum discount at which these shares can be re-issued is the credit balance in the Share Forfeiture A/c i.e. Rs 600
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