8 :- Red Roses Ltd. was registered with capital of Rs 25,00,000 divided into 25,000 Equity shares of Rs 100 each. It issued 15,000 Equity shares to public for subscription. The shares were subscribed and calls were made and received except allotment money of Rs 40 on 100 shares held by Parul and first and final call of Rs 20 on 500 shares, including shares held by Parul.
Prepare Balance Sheet of the company showing Share Capital.
Solution :-
