Question : Authorised Capital of the company is divided into 5,00,000 shares of Rs.10 each. It issued 3,00,000 shares. Public applied for 3,60,000 shares. The amount of issued capital will be :

Option 1: Rs.30,00,000

Option 2: Rs.50,00,000

Option 3: Rs.36,00,000

Option 4: Rs.14,00,000

Question : On 1st April, 2012, Vishwas Ltd. was formed with an authorised capital of  Rs. 10,00,000 divided into 1,00,000 equity shares of  Rs. 10 each. The company issued prospectus inviting applications for 90,000 equity shares. The company received applications for 85,000 equity shares. During the first year,  Rs. 8 per share were called. Ram holding 1,000 shares and Shyam holding 2,000 shares did not pay the first call of  Rs. 2 per share. Shyam's shares were forfeited after the first call and later on 1,500 of the forfeited shares were reissued at  Rs. 6 per share,  Rs. 8 called-up.

Question:- Amount of share capital is ________.

Option 1: Rs. 10,00,000

Option 2: Rs. 6,77,000

Option 3: Rs. 6,76,000

Option 4: None of these

Question : On 1st April, 2012, Vishwas Ltd. was formed with an authorised capital of  Rs. 10,00,000 divided into 1,00,000 equity shares of  Rs. 10 each. The company issued prospectus inviting applications for 90,000 equity shares. The company received applications for 85,000 equity shares. During the first year,  Rs. 8 per share were called. Ram holding 1,000 shares and Shyam holding 2,000 shares did not pay the first call of  Rs. 2 per share. Shyam's shares were forfeited after the first call and later on 1,500 of the forfeited shares were reissued at  Rs. 6 per share,  Rs. 8 called-up.

Question:- Amount of share capital is ________.

Option 1: Rs. 10,00,000

Option 2: Rs. 6,77,000

Option 3: Rs. 6,76,000

Option 4: None of these

Question : The law permits a Company to offer 2,00,000 shares for sale for Rs.2 per share. The general public purchased three-quarters (3/4) of these shares. How much issued share capital is there?

Option 1: 4,00,000

Option 2: 5,00,000

Option 3: 1,00,000

Option 4: 3,00,000

Question : Mamta Ltd. issued 5,000 equity shares of Rs.10 each. Out of these 5,000 shares, final call of Rs.4 on 1,000 shares issued to Mahesh was not received. What is the amount shown under the head Share Capital (Subscribed but not fully paid up) in the Balance Sheet of the company?

Option 1: Rs.50,000

Option 2: Rs.46,000

Option 3: Rs.4,000

Option 4: None of these

Question : Ratan India Ltd.’ is registered with an authorized capital of Rs. 20,00,000 divided
into 2,00,000 equity shares of Rs.10 each. The company issued 50,000 equity shares at a premium of Rs.5 per share. Rs.2 per share were payable with the application, Rs.8 per share including premium on the allotment and the balance amount on the first and final call. The issue was fully subscribed and all the amount due was received except the first and final call money on 500 shares allotted to Balla.

Subscribed and fully paid-up capital is

Option 1: Rs 5,00,000

Option 2: Rs 4,95,000

Option 3: Rs 4,85,000

Option 4: None of the above