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A share of ₹ 10 each, issued at ₹ 4 premium out of which ₹ 7 (including ₹ 1 premium) was called up and paid up. The uncalled Capital will be ___________. - Accountancy

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Question

A share of ₹ 10 each, issued at ₹ 4 premium out of which ₹ 7 (including ₹ 1 premium) was called up and paid up. The uncalled Capital will be _______.

Options

  • ₹ 7 per share

  • ₹ 4 per share

  • ₹ 8 per share

  • ₹ 3 per share

MCQ
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Solution

A share of ₹ 10 each, issued at ₹ 4 premium out of which ₹ 7 (including ₹ 1 premium) was called up and paid up. The uncalled Capital will be ₹ 4 per share.

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2022-2023 (March) Analysis of Financial Statements
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