Sandesh Ltd. has an authorised capital of ₹30,00,000 divided into equity shares of ₹10 each. The company invited applications for issuing 70,000 shares. Applications for 69,000 shares were received. All calls were made and duly received except the first and final call of ₹2 per share on 3,000 shares. These shares were forfeited.

• Present the Share Capital in the Balance Sheet of the company as per Schedule III, Part I of the Companies Act, 2013.
• Also prepare Notes to the Accounts for the same.

Marks-4, CBSE:2022-23/Zone-1/Set-1/Q-21