A)
Subscribed and fully paid 2,00,000 Equity shares of Rs. 10 each 20,00,000 Less; Calls-in-arrears 15,000 19,85,000
B)
Subscribed but not fully paid 2,00,000 Equity shares of Rs. 10 each 20,00,000 Less: Calls-in-arrears 15,000 19,85,000
C)
Subscribed and fully paid 1,95,000 Equity shares of Rs. 10 each19,50,000 Subscribed but not fully paid 5,000 Equity shares of Rs. 10 each 50,000 Less; Calls-in-arrears 15,000 35,000 19,85,000
D) Can be shown as [b] or as [c]
Correct Answer: C
Solution :
Subscribed and fully paid |
1,95,000 Equity shares of Rs. 10 each19,50,000 |
Subscribed but not fully paid |
5,000 Equity shares of Rs. 10 each 50,000 |
Less; Calls-in-arrears 15,000 35,000 |
19,85,000 |
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