9 :- East India Hotels Ltd. was registered with authorised capital of Rs 25,00,000 divided into 2,50,000 Equity Shares of Rs 10 each. It issued 1,50,000 Equity Shares to public for subscription. The shares were subscribed and calls were made and received. First and final call of Rs 3 was not made. Paresh holder of 5,000 shares paid the call money along with the allotment money.
Prepare Balance Sheet of the company showing Share Capital.
Solution :-
