Accounting · Balance Sheet
Beta Components Ltd has an Authorized Capital of ₹ 20,00,000 divided into equity shares of ₹ 10 each. It issued 1,50,000 shares for subscription. The company received applications for 1,45,000 shares. All money was duly received except for the final call of ₹ 2 per share on 5,000 shares. The company has a Securities Premium Account balance of ₹ 40,000. What is the amount of Subscribed and Fully Paid-up Capital to be shown in the Balance Sheet?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 14,40,000
- 2₹ 14,50,000
- 3₹ 15,00,000
- 4₹ 14,00,000✓
Correct answer
₹ 14,00,000
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