Question

On 1" April, 2012 Vivek Ltd. was forned with an authorized capital of 1,00,00.000
divided into 2,00,000 equity shares of 50 each. The company issued prospectus
inviting applications for 1,80,000 shares. The issue price was payable as under
On Application
15
On Allotment
20
On Call
Balance amount
The issue was fully subscribed and the company allotted shares to all the applicants.
The company did not make the call during the year
Show the following
(a) Share capital in the Balance Sheet of the company as per revised Schedule VI -
Part-I of the Companies Act, 1956.
(b) Also prepare 'Notes to Accounts for the same.​

Answer 1

Answer:

...................