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