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Answer Briefly of the Following Question :What is the Minimum Price at Which a Company Can Reissue Its Forfeited Shares Which Were Originally Issuedat Par? - Accounts

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Question

Answer briefly of the following question :

What is the minimum price at which a company can reissue its forfeited shares which were originally issued
at par?

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Solution

Amount equal to the unpaid amount on the forfeited shares/calls-in-arrears.

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2017-2018 (March) Set 1
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