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| A ltd. Has 1,00,000 Authorised Equity shares of Rs 10 each and Issued share capital was Rs 9,00,000. Company received applications for 80,000 shares on lumpsum basis. How much amount will be debited to Bank A/c ? |
₹1,000,000
₹9,00,000
₹8,00,000
None of these |
| ₹8,00,000 |
| Received applications for 8,0000 shares * Rs 10 = Rs 8,00,000 |
