A company has supplied the following data regarding underwriting of shares : Underwriter A B C Total (a) Gross Liability (No. of shares) 24,000 10,000 6,000 40,000 (b) Firm underwriting (to be treated as marked applicati

Particulars A B C Total (₹) Gross Liabilities (No. of Shares) 24,000 10,000 6,000 40,000 Less: Marked applications + Firm under writing 7,200 9,200 6,000 22,400 Less: Unmarked application in Gross liabilities Ratio 16,800 800 — 17,600 3,600 1500 900 6,000 Surplus of B & C allotted to A 13,200 -700 -900 11,600 -1,600 +700 +900 — Add: Firm under writing 11,600 11,600 3,200 1,200 4,000 8,400 Final Liability 14,800 1,200 4,000 20,000