English

When forfeited shares are re-issued the amount of discount allowed on these shares cannot exceed ______. -

Advertisements
Advertisements

Question

When forfeited shares are re-issued the amount of discount allowed on these shares cannot exceed ______.

Options

  • 10% of called-up capital per share

  • 6% of paid-up capital per share

  • The amount received per share on forfeited shares

  • The unpaid amount per share on forfeited shares

MCQ
Fill in the Blanks

Solution

When forfeited shares are re-issued the amount of discount allowed on these shares cannot exceed the amount received per share on forfeited shares.

shaalaa.com
  Is there an error in this question or solution?
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×