Show the following items in the balance sheet as on March 31, 2011. Authorized share capital of
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Show the following items in the balance sheet as on March 31, 2011. Authorized share capital of the company is 5,00,000 equity shares of face value ₹10 each. Out of these, 3,00,000 shares were issued at a discount of ₹1 each by the company as fully paid. All the amounts were received except on 200 shares @ ₹2 each and these shares were forfeited by the directors pending for reissue.
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Balance Sheet as on March 31 2011 Amount in Amount Assets Liabilities Authorized share ca...View the full answer
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