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Q. If applicants for 80,000 shares were allotted 60,000 shares on prorata basis, the shareholder who was allotted 1,200 shares must have applied for :

Q. Shareholders are :

Q. On Amalgamation, Profit & Loss A/c (Dr.) balance of the vendor company is closed by___________

Q. M LTD. Issued share at a face value of Rs. 100 with a premium of Rs.20 per share. The underwrting commission will be calculated on __________

Q. . Unsecured debentures are called as ……………….debentures

Q. According to which concept, proprietor of a business is treated as a creditors to the extent of his capital

Q. Donation received for a special purpose: Sol: