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80000 Equity shares of ₹ 10 each issued and fully subscribed and called up at 20% premium. Calculate the amount of Equity share Capital. - Book Keeping and Accountancy

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प्रश्न

80000 Equity shares of ₹ 10 each issued and fully subscribed and called up at 20% premium. Calculate the amount of Equity share Capital.

योग
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उत्तर

Equity Share capital = No. of equity shares × face value of each share

= 80,000 × ₹ 10

= ₹ 8,00,000

Note: Equity Share capital has no concern with premium or discount amount.

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अध्याय 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [पृष्ठ ३४१]

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बालभारती Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
अध्याय 8 Company Accounts - Issue of Shares
Exercise 8.1 (Objective Questions) | Q 1. (G) 4. | पृष्ठ ३४१
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