CA Foundation doubt
Give the solution question 1 please

Asked by DOLLY19 Jun 2024370 views
CA Foundation doubt

Asked by DOLLY19 Jun 2024370 views
DOLLY · 19 Jun 2024
Thank you
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
DOLLY · 19 Jun 2024
Can you explain the answer specially interest wali point
Om · 19 Jun 2024
Interest 1st Call 30,000 2nd call 36000
Prashant · 19 Jun 2024
See Pg.No 11.73
Prashant · 19 Jun 2024
It is Practical Questions the Answers will be there in module
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