illustration 45. On 1st April, 2012, Vishwas Ltd. was formed with an authorised capital of 10,00,000 divided into 1,00,000 equity shares of * 10 each. The company issued prospectus inviting appucat for 90,000 equity shares. The company received applications for 85,000 equity shares. During the first year, *8 per share were called. Ram holding 1,000 shares and Shyam holding 2,000 share did not pay the first call of * 2 per share. Shyam's shares were forfeited after the first call as later on 1,500 of the forfeited shares were reissued at 6 per share, 8 called-up. Show the following: (a) Share capital in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013. (b) Also prepare 'Note to Accounts for the same. (OD 2014, Modified
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