A company issued 4,000 equity shares of ₹10 each at par payable as under :
On application ₹3; on allotment ₹2; on first call 4 and on final call ₹1 per share.
Applications were received for 13000 shares. Applications for 3000 shares were rejected and pro-rata was made on the remaining shares.

How much amount will be adjusted towards allotment?

₹8000

Amount received on application = 10000 X 3 = ₹30000
Amount should be on the application = 4000 X 3 = ₹12000
The excess amount received that will be adjusted towards allotment and calls= 30000 - 12000 = ₹18000
Amount due on allotment = 4000 X 2 = ₹8000
Amount adjusted on allotment = ₹8000