Practicing Success
The following amounts were payable on the issue of shares: X holding 500 shares paid only application and allotment money whereas Y holding 400 shares did not pay the final call. How much amount is not paid by X? |
₹1,000 ₹3,000 ₹2,200 ₹2,000 |
₹2,000 |
The correct answer is option 4- ₹2000. X holds 500 shares |