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An Educational Institution for I to XII, B.Com/B.A (P/H), M.Com (Entrance), CA/C...
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1000 share of Mr X are forfeited due to non payment of call money of Rs 6.  FV of A share is Rs 10 and shares were issued at 10% premium which is to be called on allotment.What is the maximum discount at which company can reissue these shares ?

A

5000

B

4000

C

3000

D

2000

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  • Lalitesh sharma
  • iska B hai naa

    Which of the following is a business transaction?

    A

    a) Goods purchased on credit

    B

    b) Purchasing air- conditioner for cash for personal use.

    C

    c) Owner not keeping god health.

    D

    d) Owner purchased a car for his son.

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    Which Accounting Standard Deals With Valuation of Inventories?1

    A

    AS 1

    B

    AS 2

    C

    AS 3

    D

    AS 13

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    Which one is an example of fixed assets ?

    A

    Cash in Hand

    B

    Stock

    C

    Land

    D

    Debtors

    E

    None of the above

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