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B/6/Pg.2.

47

PARTICULARS RAJAN SHYAM


Gross liabilities 6000 4000
Less ; marked application 4000 2500
2000 1500
Less ; unmarked application
(1500 × 6:5 ) 900 600
Net liability 1100 900

Notes:

Total shares = 10000

10000 × 6 / 10 = 6000

10000 × 4 / 10 = 4000

Unmarked application

Total application 8000


Less: marked application 6500
Unmarked application 1500

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