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LoginOn 1st April, 2012, Vivek Ltd. was formed with an authorised capital of Rs. 1,00,00,000 divided into 2,00,000 equity shares of Rs. 50 each. The company issued prospectus inviting applications for 1,80,000 shares. The issue price was payable as under:
{:("On Application",:,"Rs. 15,"),("On Allotment",:,"Rs. 20,"),("On Call",:,"Balance amount."):}
The issue was fully subscribed and the company allotted ahares to all theapplicants. The company did not make the call during theyear.
(i) Share capital in the Balance Sheet of thecompany as per Schedule III-Part I of theCompanes Act, 2013.
(ii) Also prepare 'Note to Accounts' for the same.
Class 12 Accounts in Class 12 3 years ago
Posted on 04 Dec 2021, this text provides information on Class 12 related to Accounts in Class 12. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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