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Suvidha Ltd.' is registered with an aut...

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'.

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Subscribed and Fully Paid Capital Rs. 1,00,000.
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DK GOEL-COMPANY ACCOUNTS - ISSUE OF SHARES -PRACTICAL QUESTIONS
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  2. W Ltd. issued 10,000 shares of Rs. 100 each. During the year only Rs. ...

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  3. Suvidha Ltd.' is registered with an authorised capital of Rs. 10,00,0...

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  4. Xansa Ltd. offered 22,000 equity shares of Rs. 100 each to the public ...

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  5. David Ltd. issued Rs. 40,00,000 equity shares of Rs. 10 each out of it...

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  6. On 1st April, 2014, Blue Heaven Ltd. was formed with an authorised cap...

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  7. Surya Tubes Limited issued 20,000 shares of Rs. 100 each. The due amou...

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  8. A, who holds 200 shares of Rs. 100 each, has paid only Rs. 25 per shar...

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  9. Pass journal entries for the forfeiture and re-issue in the following ...

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  10. Pass journal entries for the forfeiture and re-issue in the following ...

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  11. Journalise the following : (i) A Ltd. forfeited 1,000 shares of Rs. ...

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  12. Paliwal Exports Ltd. with a share capital of Rs. 10,000 divided into 2...

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  13. Accountancy Publication Ltd. issued 50,000 equity shares of Rs. 10 eac...

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  14. X Ltd. issued a propspectus offering 2,00,000 shares of Rs. 10 each at...

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  15. Vikram Ltd. issued 50,000 shares of Rs. 10 each at a premium of Rs. 1 ...

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  16. Give journal entries for forfeiture and re-issued of shares : (a) X ...

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  17. Journalise the following : (a) Y Ltd. forfeited 400 shares of Rs. 10...

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  18. Luxury Cars Ltd. invited applications for issuing 10,000 equity shares...

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  19. Hindustan Ltd. issued 20,000 shares of Rs. 20 each at 20% premium. Amo...

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  20. A Co. Ltd. offered to the public 20,000 equity shares of Rs. 100 each ...

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