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B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.
Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.
Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.
Q.How much is B Ltd.’s Subscribed Capital?
- a)Rs 1,00,00,000
- b)Rs 90,00,000
- c)Rs 85,00,000
- d)Rs 68,00,000
Correct answer is option 'C'. Can you explain this answer?
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B Ltd. was registered with a share capital of Rs 1,00,00,000 divided i...
Calculation of Subscribed Capital of B Ltd.
1. Share Capital:
The share capital of B Ltd. is Rs 1,00,00,000 divided into equity shares of Rs 10 each.
2. Shares Issued:
B Ltd. issued 9,00,000 equity shares to the general public at par.
3. Shares Subscribed:
The public had subscribed for 8,50,000 shares.
4. First Call Made:
Till 31st March, 2006, only first call had been made.
5. Shareholder Defaulted:
All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.
6. Calculation:
Subscribed capital is the amount of share capital that has been subscribed by the shareholders. Since the public had subscribed for 8,50,000 shares out of 9,00,000 shares issued, the subscribed capital is calculated as follows:
Subscribed Capital = Number of Subscribed Shares * Face Value of Each Share
Subscribed Capital = 8,50,000 * Rs 10
Subscribed Capital = Rs 85,00,000
Therefore, the subscribed capital of B Ltd. is Rs 85,00,000.
1. Share Capital:
The share capital of B Ltd. is Rs 1,00,00,000 divided into equity shares of Rs 10 each.
2. Shares Issued:
B Ltd. issued 9,00,000 equity shares to the general public at par.
3. Shares Subscribed:
The public had subscribed for 8,50,000 shares.
4. First Call Made:
Till 31st March, 2006, only first call had been made.
5. Shareholder Defaulted:
All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.
6. Calculation:
Subscribed capital is the amount of share capital that has been subscribed by the shareholders. Since the public had subscribed for 8,50,000 shares out of 9,00,000 shares issued, the subscribed capital is calculated as follows:
Subscribed Capital = Number of Subscribed Shares * Face Value of Each Share
Subscribed Capital = 8,50,000 * Rs 10
Subscribed Capital = Rs 85,00,000
Therefore, the subscribed capital of B Ltd. is Rs 85,00,000.
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B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer?
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B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer?.
B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer?.
Solutions for B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Here you can find the meaning of B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer?, a detailed solution for B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice B Ltd. was registered with a share capital of Rs 1,00,00,000 divided into equity shares of Rs 10 each. It issued 9,00,000 equity shares to the general public at par payable as to Rs 3 on application, Rs 3 on allotment and balance in 2 equal calls. The public had subscribed for 8,50,000 shares.Till 31st March, 2006, only first call had been made. All the shareholders had paid up except Mr. C, a holder of 25,000 shares, who did not pay the call money.Q.How much is B Ltd.s Subscribed Capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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