Question - 31

Sagar Ltd. was registered with an authorised capital of Rs. 1,00,000 divided into 1,00,000 equity shares of Rs. 100 each the  company offered for public subscription 60,000 equity shares were made and hte public applied only for 56,000 shares All the shares are allotted and were duly received except the second the final call of Rs. 20 per shares on 700 shares prepare the balance sheet of the company showing the different type of share capital.

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