2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting For Share Capital

12th Class Accountancy Accounting For Share Capital Question Bank MCQs - Accounting for Share Capital

  • question_answer
    X Ltd. issued 15,000 Equity shares of Rs.100 each payments as : Rs.25 on Application; Rs.25 on Allotment and Rs.50 on First and Final Call. The applications for 14,000 shares were received and all were accepted. All the money was duly received except the first and final call on 1500 shares. Amount to be shown in the balance sheet as share capital will be:

    A) 14,00,000

    B) 15,00,000

    C) 13,25,000

    D) 14,25,000

    Correct Answer: C

    Solution :

    13,25,000


You need to login to perform this action.
You will be redirected in 3 sec spinner