"There is widely spatial variation in different sectors of work participation in India." Evaluate the statement with suitable examples.
Alexia Limited invited applications for issuing 1,00,000 equity shares of ₹ 10 each at premium of ₹ 10 per share.
The amount was payable as follows:
Applications were received for 1,50,000 equity shares and allotment was made to the applicants as follows:
Category A: Applicants for 90,000 shares were allotted 70,000 shares.
Category B: Applicants for 60,000 shares were allotted 30,000 shares.
Excess money received on application was adjusted towards allotment and first and final call.
Shekhar, who had applied for 1200 shares failed to pay the first and final call. Shekhar belonged to category B.
Pass necessary journal entries for the above transactions in the books of Alexia Limited. Open calls in arrears and calls in advance account, wherever necessary.
On $31^{\text {st }}$ March, 2024, following is the Balance Sheet of Bhavik Limited :
Bhavik Ltd.
Balance Sheet as at $31^{\text {st }}$ March 2024
I. Equity and Liabilities :
| Particulars | Note No. | $31-3-2024$ (₹) | $31-3-2023$ (₹) |
| 1. Shareholders funds | |||
| (a) Share Capital | 12,00,000 | 10,00,000 | |
| (b) Reserves and Surplus | 1 | 4,00,000 | 3,00,000 |
| 2. Non-current liabilities | |||
| Long-term borrowings | 2 | 6,00,000 | 10,00,000 |
| 3. Current Liabilities | 5,00,000 | 1,00,000 | |
| (a) Trade Payables | 3 | 3,00,000 | 4,00,000 |
| (b) Short-term provisions | |||
| Total | 30,00,000 | 28,00,000 |
II. Assets :
| 1. Non-current Assets | |||
| (a) Property, Plant and Equipment and Intangible Assets | |||
| Property plant and equipment | 4 | 19,00,000 | 15,00,000 |
| (b) Non-current Investments | 3,00,000 | 4,00,000 | |
| 2. Current Assets | |||
| (a) Inventories | 4,50,000 | 3,50,000 | |
| (b) Trade Receivables | 2,50,000 | 4,50,000 | |
| (c) Cash and Cash Equivalents | 1,00,000 | 1,00,000 | |
| Total | 30,00,000 | 28,00,000 |
Notes to Accounts :
| Note | Particulars | $31-3-2024$ (₹) | $31-3-2023$ (₹) |
| No. | |||
| 1. | Reserves and Surplus i.e. Balance in Statement of Profit and Loss | 4,00,000 | 3,00,000 |
| 2. | Long-term borrowings | ||
| 10% Debentures | 6,00,000 | 10,00,000 | |
| 3. | Short-term provisions | ||
| Provision for tax | 3,00,000 | 4,00,000 | |
| 4. | Property plant and equipment | ||
| Plant and Machinery | 21,50,000 | 16,00,000 | |
| Less : Accumulated Depreciation | 2,50,000 | 1,00,000 | |
| 19,00,000 | 15,00,000 |
Additional Information :
Calculate :
The male reproductive system contains the external genitals (the penis, testes and the scrotum) and internal parts, including the prostate gland, vas deferens, and urethra. A man's fertility and sexual traits depend on the normal functioning of the male reproductive system, as well as hormones released from the brain.
Read More: Human Reproductive System
The male reproductive system is responsible for reproduction. It is made of the following parts:
Penis — the organ used for urination and sexual intercourse. It has spongy tissue which can fill with blood to cause an erection. It contains the urethra, which carries both urine and semen.
Scrotum — this is a loose bag of skin that hangs outside the body, behind the penis. It holds the testes in place.
Testes (or testicles) — these are a pair of egg-shaped glands that sit in the scrotum, on the outside of the body. They produce sperm and testosterone, which is the male sex hormone.
Epididymis — this is a highly coiled tube that lies at the back of the testes. All sperm from the testes must pass through the epididymis, where they mature and start to ‘swim’.
Vas deferens — this is a thick-walled tube joined to the epididymis. It carries sperm from the epididymis up to the prostate gland and urethra.
Prostate gland — this is a walnut-sized gland that sits in the middle of the pelvis. The urethra runs through the middle of it. It produces the fluid secretions that support and nourish the sperm.
Urethra — this is a tube that extends from the bladder to the external opening at the end of the penis. The urethra carries both urine and sperm.
Seminal vesicles — these are 2 small glands above the prostate gland that make up much of the fluid in semen.