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The amount 3. The authorised capital of Suhani Ltd is Rs. 45,00,000 divided into 30,000 shares of Rs. 150 each. Out of these, company issued
The amount 3. The authorised capital of Suhani Ltd is Rs. 45,00,000 divided into 30,000 shares of Rs. 150 each. Out of these, company issued 15,000 shares of Rs. 150 each at a premium of Rs. 10 per share. allotment (including was payable as follows: Rs. 50 per share on application, Rs. 40 per share on premium), Rs. 30 per share on first call and balance on final call. The public applied for 14,000 shares. All the money was duly received. Prepare an extract of balance sheet of Suhani Ltd as per Revised Schedule III, Part I of the Companies Act, 2013 disclosing the above information. Also prepare \'notes to accounts\' for the same
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