A limited company has been in corporate with an authorized capital of RS 10,00,000 divided into 1,00,000 shares of Rs 10 each. It offended 90,000 shares for subscription by the public and out of these 85,000 shares were subscribed for.The director called for an amount of rs.6 per share and received the entire amount except a call for rs.2 per share on 500 share. Calculate the amount of different categories of share capital.
A limited company has been in corporate with an authorized capital of RS 10,00,000 divided into 1,00,000 shares of Rs 10 each. It offended 90,000 shares for subscription by the public and out of these 85,000 shares were subscribed for.The director called for an amount of rs.6 per share and received the entire amount except a call for rs.2 per share on 500 share. Calculate the amount of different categories of share capital.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A limited company has been in corporate with an authorized capital of RS 10,00,000 divided into 1,00,000 shares of Rs 10 each. It offended 90,000 shares for subscription by the public and out of these 85,000 shares were subscribed for.
The director called for an amount of rs.6 per share and received the entire amount except a call for rs.2 per share on 500 share. Calculate the amount of different categories of share capital.
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