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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

What is Over-Subscription? - Accountancy

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Question

What is Over-Subscription?

One Line Answer
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Solution

When the number of shares applied for is more than the number of shares offered for subscription, it is said to be oversubscription.

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Chapter 7: Company accounts - Very short answer questions [Page 257]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 7 Company accounts
Very short answer questions | Q II 2. | Page 257
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