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Shares applied for and shares alloted
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I am a bit confused - the following is a question in my assignment: Xx Ltd was registered on 1 Jan with a capital of R80 000, divided into 10 000 5% preff shares @ R2.00 each, and 30 000 ordinary shares of R2.00 each. Preff shares were fully subscribed and duly allotted, but only 25 000 ordinary... View more questions Search
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