Show the following items in the balance sheet as on March 31, 2010: Authorized share capital of

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Show the following items in the balance sheet as on March 31, 2010:

Authorized share capital of the company is 2,00,000 equity shares of face value ₹10 each. .Out of these, 1,50,000 shares were issued at a premium of Re. 1 each by the company as fully paid. All the amounts were received except on 200 shares @ ₹2 each of capital portion only. Another 30,000 shares were issued at par to vendors of building.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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