Meera Ltd. is registered with an authorised capital of 1,00,00,000 divided into equity shares of 10 each. The company invited applications for…

Meera Ltd. is registered with an authorised capital of $\displaystyle 1,00,00,000$ divided into equity shares of $\displaystyle 10$ each. The company invited applications for issuing $\displaystyle 1,00,000$ equity shares at a premium of $\displaystyle 2$ per share. The amount was payable as follows : On application - z $\displaystyle 3$ per share On allotment _ $\displaystyle 3$ $\displaystyle 4$ per share (including premium) On first call - $\displaystyle 2$ $\displaystyle 2$ per share On second and final call _ $\displaystyle 2$ $\displaystyle 3$ per share Applications were received for $\displaystyle 95,000$ shares and allotment was made to all the applicants. All calls were made and duly received except the second and final call of $\displaystyle 1,000$ shares held by Tushar. Answer the following questions : (i) The amount of 'share capital' to be shown in the Balance Sheet under the head 'Shareholders' Funds' will be : (A) $\displaystyle 9,50,000$ (B) ₹ $\displaystyle 10,00,000$ (C) $\displaystyle 9,47,000$ (D) ₹ $\displaystyle 9,43,000$ (ii) The amount of 'Authorised Capital' shown in 'Notes to Accounts' will be : (A) ₹ $\displaystyle 10,00,000$ (B) ₹ $\displaystyle 9,50,000$ (C) ₹ $\displaystyle 9,40,000$ (D) ₹ $\displaystyle 1,00,00,000$ (iii) The amount of 'Issued Capital' shown in 'Notes to Accounts' will be : (A) $\displaystyle 10,00,000$ (B) ₹ $\displaystyle 1,00,00,000$ (C) ₹ $\displaystyle 1,00,000$ (D) ₹ $\displaystyle 9,50,000$ (iv) The amount of 'Subscribed and fully paid capital' shown in 'Notes to Accounts' will be : (A) $\displaystyle 9,47,000$ (B) ₹ $\displaystyle 9,40,000$ (C) % $\displaystyle 10,00,000$ (D) ₹ $\displaystyle 1,00,00,000$ (v) The amount of 'subscribed but not fully paid capital' shown in 'Notes to Accounts' will be : (A) $\displaystyle 9,40,000$ (B) ₹ $\displaystyle 10,000$ (C) ₹ $\displaystyle 9,50,000$ (D) ₹ $\displaystyle 7,000$ (vi) The amount of 'calls -in- arrears' will be shown under : (A) Authorised capital (B) Issued capital (C) Subscribed but not fully paid capital (D) Subscribed and fully paid capital