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प्रश्न
East India Hotels Ltd. was registered with authorised capital of ₹ 25,00,000 divided into 2,50,000 Equity Shares of ₹ 10 each. It issued 1,50,000 Equity Shares to public for subscription. The shares were subscribed and calls were made and received. First and final call of ₹ 3 was not made. Paresh holder of 5,000 shares paid the call money along with the allotment money.
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 | 10,50,000 |
| Current Liabilities | ||
| Calls-in-Advance | 15,000 | |
| Notes to Accounts | |
|---|---|
| Particulars | ₹ |
| Note 1: Share Capital | |
| Authorised Capital: | |
| 2,50,000 Equity Shares of ₹ 10 each | 25,00,000 |
| Issued Capital: | |
| 1,50,000 Equity Shares of ₹ 10 each | 15,00,000 |
| Subscribed but Not Fully Paid-up Capital: | |
| 1,50,000 Equity Shares of ₹ 10 each, ₹ 7 called-up | 10,50,000 |
Working note:
Face value per share: ₹ 10
First and Final Call not made: ₹ 3 per share
Therefore, amount called-up per share:
₹ 10 − ₹ 3 = ₹ 7
Shares subscribed: 1,50,000 shares
Subscribed but Not Fully Paid-up Capital:
1,50,000 × ₹ 7 = ₹ 10,50,000
Paresh paid the uncalled amount in advance on 5,000 shares:
5,000 × ₹ 3 = ₹ 15,000
