A company with 6,00,000 shares of Rs 10 gives 1 bonus share per 2 held. Amount capitalised:
ARs 60,00,000
BRs 15,00,000
CRs 20,00,000
DRs 30,00,000
Answer & Solution
Correct answer: D. Rs 30,00,000
Bonus shares are 3,00,000 and at Rs 10 each the amount capitalised is Rs 30,00,000.
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