Issue,forfeiture and Re-issue of shares

It is the amount received on application and the allotment amount total. From the total amount till allotment, application amount and the amount adjusted to allotment is deducted Till the end of the allotment total amount to receive is 15,000 X (2 + 5) = 1,05,000. In that the total amount of application amount received is deducted to get the remaining amount to receive

Likith D

Moderator

30-Jul-24 15:06