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प्रश्न
Pink Roses Ltd. was registered with capital of ₹ 25,00,000 divided into 25,000 Equity Shares of ₹ 100 each. It issued 15,000 Equity Shares to public for subscription. The shares were subscribed and calls were made and received except allotment money of ₹ 40 on 100 shares held by Parul and first and final call of ₹ 20 on 500 shares, including shares held by Parul.
Prepare Balance Sheet of the company showing Share Capital.
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उत्तर
| Balance Sheet | ||
|---|---|---|
| Particulars | Note No. | ₹ |
| EQUITY AND LIABILITIES | ||
| Shareholders' Funds | ||
| Share Capital | 1 | 14,86,000 |
| Notes to Accounts | |
|---|---|
| Particulars | ₹ |
| Note 1: Share Capital | |
| Authorised Capital: | |
| 25,000 Equity Shares of ₹ 100 each | 25,00,000 |
| Issued Capital: | |
| 15,000 Equity Shares of ₹ 100 each | 15,00,000 |
| Subscribed and Fully Paid-up Capital: | |
| 14,500 Equity Shares of ₹ 100 each | 14,50,000 |
| Subscribed but Not Fully Paid-up Capital: | |
| 500 Equity Shares of ₹ 100 each | 50,000 |
| Less: Calls-in-Arrears | (14,000) |
| 36,000 | |
| Total Share Capital | 14,86,000 |
Working note:
Face value per share: ₹ 100
Shares issued and subscribed: 15,000 shares
Allotment money unpaid on 100 shares:
100 × ₹ 40 = ₹ 4,000
First and Final Call unpaid on 500 shares:
500 × ₹ 20 = ₹ 10,000
Therefore, total Calls-in-Arrears:
₹ 4,000 + ₹ 10,000 = ₹ 14,000
Since the 100 shares held by Parul are included in the 500 shares on which call money is unpaid, shares not fully paid-up = 500 shares.
Fully paid-up shares:
15,000 − 500 = 14,500 shares
Subscribed and Fully Paid-up Capital:
14,500 × ₹ 100 = ₹ 14,50,000
Subscribed but Not Fully Paid-up Capital:
500 × ₹ 100 = ₹ 50,000
Less: Calls-in-Arrears:
₹ 50,000 − ₹ 14,000 = ₹ 36,000
Total Share Capital:
₹ 14,50,000 + ₹ 36,000 = ₹ 14,86,000
