ABC Ltd. was registered with authorised capital of \(₹1,00,00,000\) divided into 10,00,000 equity shares of \(₹10\) each. On 1stApril, 2024, the company offered to the public for subscription, 1,00,000 shares. Applications for 99,000 shares were received and allotment was made in full to all the applicants. A shareholder holding 9,000 shares failed to pay the final call of \(₹3\) per share.
Answer the following questions :
(i) The authorised capital of the company is :
(ii) The issued capital of ABC Ltd. is:
(iii) The amount of calls-in-arrears will be:
(iv) The ’subscribed and fully paid up capital’ of ABC Ltd. will be:
(v) Subscribed but not fully paid up capital of ABC Ltd. will be:
(vi) The amount of ’Share Capital’ presented in the Balance Sheet of ABC Ltd. will be: