16


Q16. A Ltd. was registered with an authorised capital of Rs. 10,00,000 divided into equity shares of Rs.10 each. The company invited applications for the issue of 50,000 shares. Applications for 48,000 shares were received. All calls were made and were duly received except the final call of Rs. 2 per share on 1,000 shares. All these shares were show the following :

(i) Show how 'Share capital ' will appear in the Balance Sheet of A Ltd. as per Schedule, III. part I of the companies Act, 2013 ?

(ii) Also prepare 'Notes to Accounts' for the same.

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