Willow Ltd. was registered with an authorized capital of Rs. 10,00,000 divided into 1,00,000 equity shares of Rs. 10 each. The company offered 80,000 shares for subscription to the public, out of which 75,000 shares were subscribed. All amounts were received except the final call of Rs. 2 per share on 3,000 shares. Fill in the missing figures in the Balance Sheet of Willow Ltd. as per the provisions of Schedule III, Part I of the Companies Act, 2013.
Balance Sheet as at 31st March, 2018 (An extract)
Particulars | Note No. | Rs. |
EQUITY AND LIABILITIES |
|
|
1- Shareholders Funds |
|
|
(a) Share Capital | 1 | ———- |
|
| ———- |
Note to Accounts
Note No. | Particulars | Rs. |
1 | Share Capital |
|
| Authorised Capital ————————————— | ———- |
| Issued Capital —————————————– | ———- |
| Subscribed Capital |
|
| Subscribed and full paid |
|
| ———————————- shares of Rs. 10 each | ———- |
| Subscribed but not fully paid ———————————- shares of Rs. 10 each |
|
| Less ——————————————————– | ———- |
|
| ———- |
Marks-3, CBSE:2018-19/Main/02/Q-9