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KP Ltd. was registered with an …

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KP Ltd. was registered with an authorised capital of Rs.5,00,000 divided into 50,000 equity shares of Rs.10 each. The company decided to offer to the public for subscription, 30,000 equity shares of Rs.10 per share each at a premium of Rs.10 per share. Applications for 35,000 shares were received and allotment was made on pro rata basis. All calls were made and duly received except the final call of Rs.2 per share on 1,000 shares. Show the share capital in the balance sheet of KP Ltd. as per Schedule Ill of Companies Act, 2013. Also prepare notes to accounts

Posted by Abhishek Uikey 4 years, 5 months ago

CBSE > Class 12 > Accountancy

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