CUET Accountancy - Interest on calls in advance is provided at a rate not exceeding ........ as per "Table F": | PYQs + Solutions

CUET Accountancy 2025 31 May Shift 1

Company Accounts

Easy

common

12%

10%

✅ Correct Option: 1

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Jindal and Company purchased a machine from High Life Machine Limited for Rs.3,80,000. As per purchase agreement, Rs. 20,000 were paid in cash and balance by issue of shares of Rs.100 each. Find the number of shares issued, if they are issued at par:

CUET Accountancy 2025 31 May Shift 1 PYQs

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