[" 3.A company is known as government "3.],[" company,when at least "51%" shares held by "]

A company with 10000 shares of 100rs each declares an annual dividend of 5% (i) What is the total amount of dividend paid by the company ? (ii) What should be the annual income of man who has 72 shares in the company ?

Sharp Ltd. was formed on 1st December, 2013, with a capital of Rs 5,00,000 divided into shares of Rs 10 each. It offered 80% of the shares to the public. The issue price was payable as follows : 30% of the face value per share was payable with application. 20% of the face value per share was payable with allotment. The balance as and when required. The company did not call for balance during the year. All the shares offered by the company were subscribed for. The company did not receive the allotment money on 3,000 shares. You are required to : (i) Show the Share Capital in the Balance Sheet of the Company (prepared as per Schedule III of the Companies Act, 2013) at the end of the financial year. (ii) Prepare Notes to Accounts.