CUET UGAccountingMCQ
Q17. D and M Ltd. forfeited 5,000 shares of ₹10 each for non-payment of final call of ₹3/- per shares. Out of these 2,000 shares were reissued @ ₹12/- per share as fully paid up. What is the maximum discount that can be allowed for re-issue of remaining 3,000 shares?

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