A Ltd has ₹10,00,000 authorised share capital. They issued 5,000 shares of Rs 100 each. Applications were received for 4,500 shares. Company accepted these applications and allotted shares to them. All amount is paid up by the shareholders. How much amount will be shown in the companies Balance Sheet as subscribed fully paid up Share Capital?

₹4,50,000

The correct answer is option 3- ₹4,50,000.

The paid-up share capital is the portion of the authorized share capital for which the company has received payment from the shareholders. In this case, 4500 shares were applied for and allotted.
Number of shares issued = 5,000
Face value per share = Rs 100
Applications received = 4500

Amount shown in the company's Balance Sheet as subscribed fully paid-up Share Capital = Number of shares allotted x Face value per share
= 4500 x ₹100
= ₹4,50,000