C Ltd. has an authorised capital of Rs. 10,00,000 divided into 1,00,000 equity shares of Rs. 10 each. It offered 70,000 equity shares of Rs. 10 each. The whole issue was fully subscribed. Till March 31, 2015, Rs. 9 per share was called and paid except on 800 shares on which only Rs. 4 had been unpaid. Out of 800 shares, 500 shares were held by the directors of the company. Show the relevant items in the Balance Sheet of the company.

C Ltd. has an authorised capital of Rs. 10,00,000 divided into 1,00,00

1.	C Ltd. has an authorised capital of Rs. 10,00,000 divided into 1,00,000 equity shares of Rs. 10 each. It offered 70,000 equity shares of Rs. 10 each. The whole issue was fully subscribed. Till March 31, 2015, Rs. 9 per share was called and paid except on 800 shares on which only Rs. 4 had been unpaid. Out of 800 shares, 500 shares were held by the directors of the company. Show the relevant items in the Balance Sheet of the company.
Answer» C Ltd. has an AUTHORISED capital of Rs. 10,00,000 divided into 1,00,000 equity shares of Rs. 10 each. It offered 70,000 equity shares of Rs. 10 each. The whole issue was FULLY SUBSCRIBED. TILL March 31, 2015, Rs. 9 per share was called and paid except on 800 shares on which only Rs. 4 had been unpaid. Out of 800 shares, 500 shares were held by the directors of the company. Show the relevant items in the Balance Sheet of the company.

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