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Accountancy · 2025 · 1 mark
CBSE 2025 · Region 5 · Set 1 · Q13
X Ltd. invited applications for issuing 90,000 equity shares of 100 each. 2 The amount per share was payable as follows: On Application - 2 20 On…
X Ltd. invited applications for issuing $\displaystyle 90,000$ equity shares of $\displaystyle 100$ each. $\displaystyle 2$ The amount per share was payable as follows : On Application - $\displaystyle 2$ $\displaystyle 20$ On Allotment - $\displaystyle 2$ $\displaystyle 50$ On First and final call Balance Applications for $\displaystyle 2,00,000$ shares were received. An applicant who had applied for $\displaystyle 5,000$ shares paid the entire share money with the application. The total application money received by the company was :
Official answer
(A)
₹ $\displaystyle 44,00,000$
Marking-scheme solution
(A)
₹$\displaystyle 44,00,000$
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.