Charulatha Ltd. issued 80,000 8% debentures of 100 each. Of the issue, 75% were underwritten by Prabhu
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Charulatha Ltd. issued 80,000 8% debentures of ₹100 each. Of the issue, 75% were underwritten by Prabhu Brothers. Applications for 60,000 shares were received in all; out of which, applications for 38,000 were marked. Determine the liability of Prabhu Brothers.
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Liability of Prabhu Brothers Particulars Gross Liability Less Unmarked ...View the full answer
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