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CA Foundation doubt

Give the solution question 1 please

Image attached to the doubt: Give the solution question 1 please

Asked by DOLLY19 Jun 2024370 views

6 answers

  1. DOLLY · 19 Jun 2024

    Thank you

  2. Priyansi · 19 Jun 2024

    Interest is paid on calls on 20,000 shares Amount received in advance on 1 call 600000 Int on 1st call 600000×12%×5/12=30000 Amount received adv on 2 call 400000 Interest paid on 2 call 400000×12%×9/12 =36000

  3. DOLLY · 19 Jun 2024

    Can you explain the answer specially interest wali point

  4. Om · 19 Jun 2024

    Interest 1st Call 30,000 2nd call 36000

  5. Prashant · 19 Jun 2024

    See Pg.No 11.73

  6. Prashant · 19 Jun 2024

    It is Practical Questions the Answers will be there in module

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