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प्रश्न
Vijay Ltd. was registered with an authorised capital of ₹ 15,00,000 divided into 1,50,000 equity shares of ₹ 10 each.
Company issued 1,00,000 equity shares of ₹ 10 each at a premium of ₹ 2 per share.
Company received applications for 80,000 equity shares and were allotted the shares.
Company received application money ₹ 3 per share, allotment money ₹ 4 per share (Including premium), and first call money ₹ 3 per share.
The Directors have not made final call of ₹ 2 per share. All money were received except one shareholder holding 500 shares did not pay first call.
Show Authorised Capital, Issued Capital, Subscribed Capital, Called-up Capital, Paid-up Capital, Calls in Arrears, and Share Premium amount in company balance sheet.
उत्तर
In the books of Vijay Ltd.
| Balance Sheet as on ______ | ||||
| Liabilities | Amount (₹) | Assets | Amount (₹) | |
| Authorised Capital: | Cash at Bank | 7,98,500 | ||
| 1,50,000 equity shares of ₹ 10 each | 15,00,000 | |||
| Issued Capital: | ||||
| 1,00,000 equity shares of ₹ 10 each | 10,00,000 | |||
| Subscribed Capital: | ||||
| 80,000 equity shares of ₹ 10 each | 8,00,000 | |||
| Called-up Capital: | ||||
| 80,000 equity shares of ₹ 8 each | 6,40,000 | |||
| Paid-up Share Capital: | ||||
| (80,000 equity shares at 8 per shares) | 6,40,000 | |||
| Less: Calls-in-Arrears (500 shares at ₹ 3 per share) |
1,500 | 6,38,500 | ||
|
Share Premium / Securities A/c |
1,60,000 | |||
| 7,98,500 | 7,98,500 | |||
Working Notes :
(1) Bank balance at the end = Amount received on application + Amount received on allotment + Amount received on 1st call + Premium amount received
= 80,000 × 3 + 80,000 × 2 + 79,500 × 3 + 80,000 × 2
= 2,40,000 + 1,60,000 + 2,38,500 + 1,60,000
= ₹ 7,98,500
(2) Directors have not made final call of ₹ 2 per share means total called-up amount = ₹ 10 – ₹ 2 = ₹ 8
(3) Calls-in-Arrears on 500 shares at ₹ 3 = ₹ 1,500 of first call
(4) Share premium on 80,000 shares @ ₹ 2 received at allotment stage i.e. share premium amount = 80,000 × ₹ 2 = ₹ 1,60,000.
APPEARS IN
संबंधित प्रश्न
On 1st April, 2012; Vivek Ltd. Was formed with an authorized capital of Rs.1,00,00,000 divided into 2,00,000 equity shares of Rs.50 each. The company issued prospectus inviting applications for 1,80,000 shares. The issue price was payable as under:
On Application: Rs.15
On Allotment: Rs.20
On Call: Balance amount
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Show Authorised capital, Issued capital, Subscribed capital, Called-up capital, Paid-up capital, Calls-in-Arrears and Share Premium amount in company Balance Sheet.
