Practicing Success
R.Ltd invited applications for 15,000 shares of ₹10 each at premium of ₹2 per share. The amount was payable as follows: On the basis of the above information answer the question. |
Calculate amount received on reissue of shares. |
₹30000 ₹36000 ₹42000 ₹24000 |
₹24000 |
Shares were re-issued @ ₹8 per share. |