1.

Calculate the amount of second & final call when Abhijit Ltd, issues Equity shares of ₹10 each at a premium of 40% payable on Application ₹3, On Allotment ₹5, On First Call ₹2.(A) Second & final call ₹3.(B) Second & final call ₹4.(C) Second & final call ₹1.(D) Second & final call ₹14.

Answer»

Correct answer is: (B) Second & final call ₹4.



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