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Cmc ltd invited applications of issuing 100000 equity

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CMC ltd. invited applications of issuing 1,00,000 Equity Shares of 10$ each at a premium of 3$ per share. The whole amount was payable on application. The issue was over-subscriber bhy 30,000 shares and allotment was made on pro-rata basis. Pass its Journal Entry

Reference no: EM13582870

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