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Q#01) Afroz Ltd. issued Ordinary Shares (Rs. 25 par) during 2010, as noted below: i) 10,000 shares of Rs. 30 each for cash. ii) 4,000

Q#01) Afroz Ltd. issued Ordinary Shares (Rs. 25 par) during 2010, as noted below: i) 10,000 shares of Rs. 30 each for cash. ii) 4,000 shares of Rs. 20 each for cash. iii) 5,000 shares for purchase of ...

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