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The Authorised Capital (Rs.10 per share) of a company is Rs.5 lakhs, Issued Capital Rs.3 lakhs and Subscribed Capital Rs.2 lakhs. It has received
The Authorised Capital (Rs.10 per share) of a company is Rs.5 lakhs, Issued Capital Rs.3 lakhs and Subscribed Capital Rs.2 lakhs. It has received Rs.5 per share on application and allotment and Rs.2 per share on first call except on 2,500 shares, which have not been forfeited. Share Capital A/c is credited by
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Principles of Accounting
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
12th edition
978-1133603054, 113362698X, 9781285607047, 113360305X, 978-1133626985
