Question

Himmat Ltd has authorised share capital of ₹ 50,00,000 divided into 5,00,000 Equity Shares of ₹ 10 each. It has existing issued and paid up capital of ₹ 5,00,000. It further issued to public 1,50,000 Equity Shares at par for subscription payable as under:
The issue was fully subscribed and allotment was made to all the applicants. Call was made during the year and was duly received.
Show share capital of the company in the Balance Sheet of the Company.

Answer 1

Answer:

the Revolutionary principles incorporated by Napoleon in administration of France during his reign where first he did away with privileges of birth second equality before law third right to property for simplified administrative divisions abolished Federal systems 63 pigeons from ceftum and manorial dues 7th uniform and standard weights and measures at uniform trade rules

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Answer 2

Calculation of share capital:

Share capital= No of shares x face value

                      = 500000 x 10

                      = Rs 50,00,000