4 :- Star Ltd. is registered with capital of Rs 50,00,000 dividend into 50,000 equity shares of Rs 100 each. The Company issued 25,000 equity shares for subscription. Subscription was received for 23,750 shares and all the due amount was duly received, except the first and final call of Rs 20 per share on 600 shares. Show the ‘Share Capital’ in the Balance Sheet of the company.
Solution :-
