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प्रश्न
Gagan Ltd. is registered with an authorised capital of Rs 15,00,00,000 divided into 1,50,00,000 equity shares of Rs 10 each. Subscribed and fully paid up share capital of the company was Rs 5,00,00,000. For providing employment to the local youth and for the development of rural areas of Jharkhand State, the company decided to set up a food processing unit in Hazaribagh. The company also decided to set up skill development centres at Ranchi, Hazaribagh and Ramgarh. To meet its new financial requirements the company decidded to issue 2,00,000 equity shares of Rs 10 each and 2000, 12% debentures of Rs 1,000 each. The issue of shares and debentures was fully subscribed. A shareholder holding 500 shares failed to pay the final call of Rs 3 per share.
Show the share capital in the Balance Sheet of the company as per the provisions of Schedule III of the Companies Act, 2013. Also, identify any two values that the company wants to propagate.
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उत्तर
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Balance Sheet |
||
|
Particulars |
Note No. |
Amount (Rs) |
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I. Equity and Liabilities |
|
|
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1. Shareholders’ Funds |
|
|
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a. Share Capital |
1 |
5,19,98,500 |
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b. Reserves and Surplus |
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|
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2. Non-Current Liabilities |
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|
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2 |
20,00,000 |
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Total |
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Notes
|
Note No. |
Particulars |
Amount (Rs) |
|
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1 |
Share Capital |
|
|
|
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Authorised Capital |
|
|
|
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1,50,00,000 Equity Shares of Rs 10 each |
15,00,00,000 |
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|
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Issued, Subscribed , Called up & Paid up Capital |
|
|
|
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52,00,000 Equity Shares of Rs 10 each fully called up |
5,20,00,000 |
|
|
|
Less: Calls-in-Arrears (500××3) |
1,500 |
5,19,98,500 |
|
2 |
Long Term Borrowings |
|
|
|
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2,000, 12% Debentures of Rs. 1,000 each |
20,00,000 |
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