Question : Mehak Limited Company issued equity shares of Rs.100 each. It has called up Rs.75 on each share but received only Rs.60 per share. The share capital account will be credited with:
Option 1: Rs.60 per share
Option 2: Rs.100 per share
Option 3: Rs.75 per share
Option 4: None of these

Question

Question : Mehak Limited Company issued equity shares of Rs.100 each. It has called up Rs.75 on each share but received only Rs.60 per share. The share capital account will be credited with:

Option 1: Rs.60 per share

Option 2: Rs.100 per share

Option 3: Rs.75 per share

Option 4: None of these

Team Careers360 · Accepted Answer

Correct Answer: Rs.75 per share

Solution : Share Capital A/c will be credited with the amount of called up Rs.75 per share. Hence, the correct option is 3.

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Question : Mehak Limited Company issued equity shares of Rs.100 each. It has called up Rs.75 on each share but received only Rs.60 per share. The share capital account will be credited with:Option 1: Rs.60 per shareOption 2: Rs.100 per shareOption 3: Rs.75 per shareOption 4: None of these

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Question : Mehak Limited Company issued equity shares of Rs.100 each. It has called up Rs.75 on each share but received only Rs.60 per share. The share capital account will be credited with:
Option 1: Rs.60 per share
Option 2: Rs.100 per share
Option 3: Rs.75 per share
Option 4: None of these