The authorised capital of Rs. 16,00,000 of Bharat Ltd. Is divided into 1,60,000 Equity Shares of Rs. 10 each . Out of these shares, 80,000 Equity Shares were issued at par to public for subscription. The full nominal value is payable on application. All the shares were subscribed by the public and total amount was paid for.
pass necessary Journal entries in the books of the company.

Sangam Ltd. invited applications for 10,000 Equity Shares of Rs. 100 each issued at par. The amount was payable on application. The issue was oversubscribed by 2,000 shares and allotment was made on pro rata basis. Pass necessary Journal entries.

Moneyplus company issued 2,50,000 Equity Shares of Rs. 10 each to public. All amounts have been received in lump sum. Pass necessary Journal entries in the books of the company.

(When Subscribed Shares are Fully Paid-up). ACE Computers Ltd. is registered with capital of Rs. 10,00,000 divided into 1,00,000 Equity Shares of Rs. 10 each. It issued 75,000 Equity Shares to public for subscription. It received applications for 70,000 Equity Shares. The directors called Rs. 10 per share which was received. How will be Share Capital shown in the Balance Sheet of ACE Computers Ltd.?

Modern Marbles Ltd. was registered with an authorised capital of Rs. 10,00,000 divided into 7,500 Equity Shares of Rs. 100 each and 2,500 Preference Shares of Rs. 100 each. 1,000 Equity Shares and 500,9% Preference Shares were offered to public on the following terms-Equity Shares payable Rs. 10 on application, Rs. 10 on allotment and the balance in two calls of Rs. 25 each. Preference Shares are payable Rs. 25 on application, Rs. 25 on allotment and Rs. 50 on first and final call. All the shares were applied for and allotted. Amount due was duly received. Prepare Cash Book and pass necessary Journal entries to record the above issue of shares and show how the Share Capital will appear in the Balance Sheet.

The authorized capital of Ruchi Ltd. is Rs 50,00,000 divided into 50,000 equity shares of Rs 100 each. Out of these, the company issued 30,000 equity shares for subscription to the public. The public applied for 27,000 equity shares and all the money was duly received. How will you show the 'Share Capital A/c' in the Balance Sheet of the company ? Also prepare 'Notes to Accounts' for the same.

Newbie Ltd. was registered with an authorized capital of Rs 5,00,000 divided into 50,000 equity shares of Rs 10 each. Since the economy was in robust shape, the company decided to offer to the public for subscription 30000 equity shares of Rs 10 each at a premium of Rs 20 per share. Applications for 28,000 shares were received and allotment was made to all the applicants. All calls were made and duly received except the final call of Rs 2 per share on 200 shares. Show the 'Share Capital' in the balance Sheet of Newbie Ltd. as per Schedule III of the Companies Act 2013. Also prepare Notes to Accounts for the same.

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'.

X Ltd. decided to issue 75,000 equity shares of Rs. 10 each at a premium of 50%. The whole amount was payable on application. Applications for 2,00,000 shares were received. Applications for 5,000 shares were rejected and shares were allotted to the remaining applicants on pro-rata basis. Pass necessary Journal entries for the above transactions in the books of the company.

(Issue of Shares at Premium, undersubscribed, Amount Payable in Instalments). Newbie Ltd. was registered with an authorised capital of Rs. 5,00,000 divided into 50,000 equity shares of Rs. 10 each. Since, the economy was in robust shape, the company decided to offer to the public for subscription 30,000 equity shares of Rs. 10 each at a premium of Rs. 20 per share. Applications for 28,000 shares were received and allotment was made to all the applications. All calls were made and duly received except the final call of Rs. 2 per share on 200 shares. Show the 'Share Capital' in the Balance Sheet of Newbie Ltd. as per Schedule III of the Companies Act, 2013, Also, prepare Note to Accounts for the same.