question_answer

Rishi Ltd. was registered with an authorised capital of Rs.2,00,000 in Rs.10 per share, of these 6,000 shares were issued as fully paid to the vendors for the purchase of office buildings. 8,000 shares were subscribed for by the public and during the first year Rs.6 per share were called up, payable Rs.3 on application, Rs.1 on allotment, Rs.1 on first call, and Rs.1 on second call. Subscribed and fully paid up capital will be;

A) 60,000

B) 48,000 

C) 1,08,000 

D) 1,40,000