Home
Class 12
ACCOUNTS
The authorized capital of Ruchi Ltd. is ...

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.

Text Solution

Verified by Experts

EXTRACT OF BALANCE SHEET OF RUCHI LTD.
Promotional Banner

Topper's Solved these Questions

  • COMPANY ACCOUNTS - ISSUE OF SHARES

    DK GOEL|Exercise MULTIPLE CHOICE QUESTIONS|23 Videos

  • COMPANY ACCOUNTS - ISSUE OF SHARES

    DK GOEL|Exercise VERY SHORT ANSWER QUESTIONS (Knowledge based)|47 Videos

  • COMMON SIZE STATEMENTS

    DK GOEL|Exercise Multiple Choice Questions|14 Videos

  • COMPANY ACCOUNTS - REDEMPTION OF DEBENTURES

    DK GOEL|Exercise Problem Solution|3 Videos