In the solution given for this question:
The main problem is of last entry. Here, the amount of 22,000 applicants (for full allotment) is deducted from the 'Allocation Money' of 1,50,000 applicants citing the reason that they have already given the Application money in the first entry. But my question is Why the book is deducting it from Allotment money? Since, these 22,000 applicants have given Application and Allotment money so how can we justify deduction of Allotment money from Application money? Please explain.
CAclubindia
