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What is the correct sequence of events? 1. The company forfeited shares for non-payment of final call. 2. The company allotted the shares on pro rata basis. 3. The company reissued the forfeited shares at discount/par/premium. 4. The company issued equity shares of ₹10 payable as follows: application(A) ₹2, allotment (A) ₹3 and the balance on calls.a. 4,2,1,3 b. 1,2,3,4 c. 3,2,1,4 d. 1,3,4,1 |
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Answer» Correct option is a. 4,2,1,3 |
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