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Differential Equations
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XYZ Ltd. Forefeited 150 equity shares of Rs. 10 each issued at a premium of Rs. 5 per share, for non-payment of the allotment money of Rs. 8 per share (including premium of Rs.5 per share), the first call money of Rs. 2 per share and the final call of Rs. 3 per share. Out of these 100 equity shares were re-issued at Rs. 14 per share.
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