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प्रश्न
‘Tractors India Ltd.’ is registered with an authorised capital of ₹10,00,000 divided into 1,00,000 equity shares of ₹10 each. The company issued 50,000 equity shares at a premium of ₹5 per share. ₹2 per share were payable with application, ₹8 per share including premium on allotment and the balance amount on first and final call. The issue was fully subscribed and all the amount due was received except the first and final call money on 500 shares allotted to Balram.
Present the ‘Share Capital’ in the Balance Sheet of ‘Tractors India Ltd.’ 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
| Tractors India Ltd Extract of Balance Sheet |
|||
| Particulars | Note No. | Amount Current Year ₹ | Amount Previous Year ₹ |
| I. Equity And Liabilities: | |||
| Shareholder's Funds: | |||
| (a) Share Capital | 1 | 497500 | |
Notes to Accounts
| ₹ | |
| 1 Share Capital | |
| Authorised Capital | |
| 100000 shares of ₹10 each | 10,00,000 |
| Issued Capital | |
| 50000 shares of ₹10 each | 5,00,000 |
| Subscribed Capital: | |
| Subscribed and Fully Paid Capital | |
| 49500 shares of ₹10 each | 4,95,000 |
| Subscribed but not Fully Paid Capital | |
| 500 shares of ₹10 each 5000 | |
| Less: Calls in arears 2500 | 2500 |
| 4,97,500 |
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