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1. ABC Company registered with authorized capital of 150,000 equity shares of OMR 10 each issued 100,000 equity shares. It has called the total nominal
1. ABC Company registered with authorized capital of 150,000 equity shares of OMR 10 each issued 100,000 equity shares. It has called the total nominal value (face) value of the share (i.e., OMR 10) and received the amount on all the shares except a final call of OMR 3 on 10,000 equity shares. Show the different categories of share capital. 2. Based on the following information of A & B SAOC calculate the amount of different categories of share capital and prepare an abstract of Balance sheet: The authorized capital of the company was OMR 2,000,000 divided into shares of OMR 1 each. In the year 2020 the company issued for subscription by the public 600,000 shares. 90% of the issued capital was subscribed by the public. The company called up for all the allotted shares in full. There was a failure of payment of call money from a shareholder holding 1,000 shares. 3. The registered capital of L&T Global SAOG is OMR 4,000,000 which is divided into 4,000,000 shares. For public subscription, the company offered 3,000,000 shares for which they received applications for 3,500,000 shares. The company decided to allot 3,000,000 shares and rejected the remaining share application for 500,000 shares. The company called up OMR 0.600 per share and company received the entire amount except the amount on 2000 shares. Calculate the amount of different categories of share capital and prepare the abstract of Statement of Financial Position
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