Question

Alfa Ltd was incorporated with an authorised capital of ₹ 50,00,000 devided in to equity shares of ₹ 100 each. It issued 40000 shares to the public for cash. Application were received for 35000 shares. The company called up ₹80 per share. Ashok who has allotted 1000 shares did not pay call money @ ₹10 per share.
Show the amount for various categories of capital.​

Answer 1

Answer:

Unissued Capital ₹ 10,00,000

Unsubscribed Capital ₹ 5,00,000

Uncalled Capital ₹ 7,00,000

Paid up capital ₹ 27,90,000

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