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प्रश्न
Vikas Ltd. has an authorised capital of ₹40,00,000 divided into 4,00,000 Equity Shares of ₹10 each. Out of these, the company invited applications for 3,00,000 equity shares.
The public applied for 2,80,000 shares and all the money was duly received.
Show how Share Capital will appear in the Balance Sheet of the Company. Also prepare notes to accounts.
खातेवही
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उत्तर
| Vikas Ltd Extract of Balance Sheet as at... |
|||
| Particulars | Note No. | Amount Current Year ₹ | Amount Previous Year ₹ |
| I. Equity and Liabilities: | |||
| Shareholder's Funds: | |||
| (a) Share Capital | 1 | 28,00,000 | |
Notes to Accounts
| ₹ | |
| 1 Share Capital | |
| Authorised Capital | |
| 400000 shares of ₹10 each | 40,00,000 |
| Issued Capital | |
| 300000 shares of ₹10 each | 30,00,000 |
| Subscribed and Fully Paid Capital | |
| 280000 shares of ₹10 each | 28,00,000 |
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