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Use the following information for questions 5 to 9
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 authorized share 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 'A'. Can you explain this answer?
Most Upvoted Answer
Use the following information for questions 5 to 9B Ltd. was registere...
Authorized Share Capital of B Ltd.
To determine the authorized share capital of B Ltd., we need to refer to the given information:
- B Ltd. was registered with a share capital of Rs 1,00,00,000.
- The share capital is divided into equity shares of Rs 10 each.
Calculation:
Authorized share capital refers to the maximum amount of share capital a company is allowed to issue. In this case, the authorized share capital is Rs 1,00,00,000.
Therefore, the answer is:
A: Rs 1,00,00,000
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Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. Can you explain this answer?
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Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. 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 Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. 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 Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. Can you explain this answer?.
Solutions for Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Use the following information for questions 5 to 9B 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 authorized share capital?a)Rs 1,00,00,000b)Rs 90,00,000c)Rs 85,00,000d)Rs 68,00,000Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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