Where the subscribed debentures is 35,000 and the issued debentures is 48,000, it is a case of .

over subscription

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under subscription

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calls in arrear

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calls in advance

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Solution

The correct option is B under subscription
Where the subscribed debentures are less than the issue of debentures, it is a case of under subscription.

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Where the subscribed debentures is 35,000 and the issued debentures is 48,000, it is a case of .

The correct option is B under subscriptionWhere the subscribed debentures are less than the issue of debentures, it is a case of under subscription.

The correct option is B under subscription
Where the subscribed debentures are less than the issue of debentures, it is a case of under subscription.