Herbal Ltd. is registered with an authorised capital of ₹ 12,50,000 divided into 1,25,000 Equity Shares of ₹ 10 each

180 viewsMarch 10, 2024[ISC] Accounting for Share Capital

Anurag Pathak24.20K March 3, 2024 0 Comments

Herbal Ltd. is registered with an authorised capital of ₹ 12,50,000 divided into 1,25,000 Equity Shares of ₹ 10 each. It has an existing issued and fully paid-up Equity Share Capital of ₹ 4,00,000. It purchased a machine for ₹ 4,00,000 and issued 40,000 fully paid Equity Shares to the vendor.

Show the share capital in the Balance sheet of Herbal Ltd.

Anurag Pathak Changed status to publish March 10, 2024

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Anurag Pathak24.20K Posted March 3, 2024 0 Comments

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Anurag Pathak Changed status to publish March 3, 2024

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