MCQOPTIONS
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| 1. |
Prorata basis allotted 5000 shares out of7500 shares were applied, then 600 shareswere applied by a person, how many sharesallotted and how much amount adjusted toallotment account. If application money isRs.2 per share ____, ______? |
| A. | 200 shares 300/- |
| B. | 400 shares 600/- |
| C. | 200 shares 600/- |
| D. | 300 shares 500/- |
| Answer» C. 200 shares 600/- | |