The Authorised Capital (Rs.10 per share) of a company is Rs.5 lakhs, Issued Capital Rs.3 lakhs...
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The Authorised Capital (Rs.10 per share) of a company is Rs.5 lakhs, Issued Capital Rs.3 lakhs and Subscribed Capital Rs.2 lakhs. It has received Rs.5 per share on application and allotment and Rs.2 per share on first call except on 2,500 shares, which have not been forfeited. Share Capital A/c is credited by The Authorised Capital (Rs.10 per share) of a company is Rs.5 lakhs, Issued Capital Rs.3 lakhs and Subscribed Capital Rs.2 lakhs. It has received Rs.5 per share on application and allotment and Rs.2 per share on first call except on 2,500 shares, which have not been forfeited. Share Capital A/c is credited by
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Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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