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Deepak Ltd. offered for subscription 5,50,000 equity shares of 10 each. The public applied for 5,00,000 shares.
The call 8 per share) was received except from Gopal, who holds 4,000 shares has not paid after
application money of 2 per share and from Shyam who holds 1,000 shares has paid only 6 per share.
Gopal's shares were forfeited. The amount of subscribed capital to be disclosed in the Balance Sheet is
(a) 39,96,000.
(b) 39,74,000
(c) 49,46,000
(d) 49,74,000.
Answers
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Answer:
(b)39,74,000
Explanation:
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Answer:
39,74,000
Explanation:
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