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प्रश्न
On 1st April, 2022 Vivek Ltd. was formed with an authorized capital of ₹1,00,00,000 divided into 2,00,000 equity shares of ₹50 each. The company issued prospectus inviting applications for 1,80,000 shares. The issue price was payable as under:
| On Application | ₹15 |
| On Allotment | ₹20 |
| On Call | Balance amount |
The issue was fully subscribed and the company allotted shares to all the applicants. All money was received except allotment on 5,000 shares. The company did not make the call during the year.
Show the following:
- Share capital in the Balance Sheet of the company as per Schedule-III Part-I of the Companies Act, 2013.
- Also prepare ‘Notes to Accounts’ for the same.
खातेवही
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उत्तर
| Balance sheet of Vivek Ltd. | ||
| Particulars | Note no. | Amt. (₹) |
| I. Equity and Liabilities: | ||
| 1. Shareholder’s Funds | ||
| a. Share Capital | 1 | 63,00,000 |
| 63,00,000 | ||
Notes to accounts:
| Note no. | Particulars | Amt. (₹) |
| 1 | Share Capital | |
| Authorised Capital | ||
| 2,00,000 shares of ₹50 each | 1,00,00,000 | |
| Issued Capital | ||
| 1,80,000 shares of ₹50 each | 90,00,000 | |
| Subscribed Capital | ||
| 1,80,000 shares of ₹50 each | 90,00,000 | |
| Called and paid-up Capital | ||
| 1,80,000 shares of ₹35 each | 63,00,000 |
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