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?