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Study the following cases and express your opinion.Eva Ltd. Company’s capital structure is made up of 1,00,000 equity shares having a face value of ₹ 10/- each. The company has offered to the public 40,000 equity shares and out of this, the public has subscribed for 30,000 equity shares. State the following in rupees.(a). Authorized capital(b). Subscribed capital(c). Issued capital |
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Answer» (a) The authorized capital is ₹ 10,00,000 (1,00,000 equity shares × ₹ 10/- each) (b) The subscribed capital is ₹ 3,00,000 (30,000 equity shares × ₹ 10/- each) (c) The issued capital is ₹ 4,00,000 (40,000 equity shares × ₹ 10/- each) |
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