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[" 12.Amrit Ltd.was promoted by Amrit an...

[" 12.Amrit Ltd.was promoted by Amrit and Bhaskar with an authorised capital of "₹10,00,000" divided into "],[1,00,000" shares of ₹ "10" each."],[" The company decided to issue "1,000,6%" Debentures of "₹100" each to Amrit and Bhaskar each for their "],[" services in incorporating the company."],[" Pass Journal entry."]

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Amrit Ltd. Was promoted by Amrit and Bhaskar with an authorised capital of ₹ 10,00,000 divided into 1,00,000 shares of ₹ 10 each. The company decided to issue 1,000,6% Debentures of ₹ 100 each to Amrit to Bhaskar each for their servides in incorporating the company. Pass Jounrnal entry .

Suvidha Ltd.' is registered with an authorised capital of Rs. 10,00,00,000 divided into 10,00,000 Equity Shares of Rs. 100 each. The company issued 1,00,000 shares for public subscription. A shareholder holding 100 shares, failed to pay the final call of Rs. 20 per share. His shares were forfeiled. The forfeited shares were reissued at Rs. 90 per share as fully paid-up. Present the 'Share Capital' in the Balance Sheet of the company as per Schedule VI, part I of the Companies Act, 1956 (Now Schedule III, Part I of the Companies ACt, 2013). Also prepare 'Note to Accounts'.

On 1st April, 2012, Vishwas Ltd., was formed with an authorized capital of Rs. 10,00,000 divided into 1,00,000 equity shares of Rs. 10 each. The company issued prospectus inviting applications for 90,000 equity shares. The company received applications for 85,000 equity shares. During the first year, Rs. 8 per share were called. Ram holding 1,000 shares and Shyam holding 2,000 shares did not pay the first call of Rs. 2 share. Shyam's shares were forfeited after the first call and later on 1,500 of the forfeited shares were re-issued at Rs. 6 per share, Rs. 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 'Notes to Accounts' for the same.

On 1st April, 2012, Vishwas Ltd. was formed with an authorised capital of Rs. 10,00,000 diveded into 1,00,000 equity shares of Rs. 10 each. The company issued prospectus inviting applications for 90,000 equity shares. The company received applications for 85,000 equity shares. During the first year, Rs. 8 per share were called. Ram holding 1,000 shares and Shyam holding 2,000 shares did not pay the first call of Rs. 2 per share. Shyam's shares were forfeited after the first call and later on 1,500 of the forfeited shares were reissued at Rs. 6 per share, Rs. 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.

On 1st April, 2014, Blue Heaven Ltd. was formed with an authorised capital of Rs. 20,00,000 divided into 2,00,000 equity shares of Rs. 10 each. The company issued prospectus inviting applications for 1,50,000 equity shares. The company received applications for 1,40,000 equity shares. During the first year, Rs. 7 per share were called. Arun holding 4,000 shares and Varun holding 3,000 shares did not pay the first call of Rs 2 share. Vanrun's shares were forfeited after the first call and later on 1,800 of the forfeited shares were re-issued at Rs. 5 per share, Rs. 7 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 'Notes to Accounts' for the same.

Nupur Ltd. was rehistered with an Authorised Capital of Rs. 20, 00,000 divided into 2,00,000 equity of Rs. 10 each. The Company offered 1,50,000 equity shares for subscription to public and applications were received for 1,40,000 equility shares. The directors called Rs. 7 per share upto 31st March and the money called was duly received. Show the Share Capital in the Balance Sheet of the Company together with notes to accounts.

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