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2,00,000 shares of Rs. 10 have Rs. 8 called and Rs. 6,000 is in arrears. Paid up capital is
ARs. 16,06,000
BRs. 16,00,000
CRs. 20,00,000
DRs. 15,94,000
Answer & Solution
Correct answer: D. Rs. 15,94,000
Called up capital is Rs. 16,00,000 and subtracting Rs. 6,000 of arrears leaves Rs. 15,94,000.
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