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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 2 · Q1
Alfa Ltd. offered for public subscription 50,000 equity shares of ₹ 10 each at ₹ 110 per share. The entire amount was payable on application.…
Alfa Ltd. offered for public subscription $\displaystyle 50,000$ equity shares of ₹ $\displaystyle 10$ each at ₹ $\displaystyle 110$ per share. The entire amount was payable on application. Applications were received for $\displaystyle 48,000$ shares and allotment was made to all the applicants. The amount received on application will be :
Official answer
(A)
₹ $\displaystyle 52,80,000$
Marking-scheme solution
(A)
-- ₹$\displaystyle 52,80,000$
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.