Test Index

CA CPT Dec 2016 Question Paper Fundamentals of Accounting for online practice

© examsnet.com

Question : 49

Total: 58

Zebra Ltd. Invites applications for 50,000 shares for which Rs.2 per share is payable onapplication. Applications were received for 80,000 shares and 50,000 shares are allotted onpro-rata basis to the applications for 70,000 shares. Calculate the excess application moneyfrom X, who was allotted 200 shares.

Rs. 160
Rs. 100
Rs. 300
Rs. None of the above

Go to Question:

Prev Question

Next Question