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Question
As per Table F, the Company is required to pay ______ interest on the amount of calls in advance.
Options
12% p.a.
5% p.a.
10% p.a.
6% p.a.
MCQ
Fill in the Blanks
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Solution
As per Table F, the Company is required to pay 12% p.a. interest on the amount of calls in advance.
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Chapter 6: Company Accounts - Issue of Shares - OBJECTIVE TYPE QUESTIONS [Page 6.203]
