A company has received application for 30000 equity shares of Rs 10 each and 20000 12% preference shares of Rs 10 each. The company called up Rs 8 on per equity shares and Rs 6 on per preference shares. Ajit did not pay Rs 3 per share on his 3000 shares and Sumit did not pay Rs 5000 on his preference shares.
Show the capital is Balance sheet
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Paid up Equity Capital ₹ 2,31,000
Paid up preference Capital ₹ 1,15,000
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