Question

100000 equity shares of 10₹ each issued and fully subscribed and called up at 20% premium.calculate amount of equity share capital​

Answer 1

Answer:

To Calculate Amount Of equity Share Capital

Explanation:

Given Equity share capital = Rs 1,00,000

Face Value Of Shares = Rs 10

So Shares = Rs 100000/10 = 10,000

Premium On Shares = 20% Of 1,00,000 = Rs 2000

Total Amount Of Equity share Capital = 10,000 + 2,000 = 12,000