The Adarsh Control Device Ltd. was registered with a nominal capital of 30000 shares of ₹10 each, Out of which 20000 shares were offered to the public. The amount payable is ₹3 per share on the application, ₹4 per share on the allotment, and ₹3 per share on the first and final call. 19000 shares are subscribed by the public which is allotted to them. All shareholder pay the full amount except a shareholder Ram who hold 1000 shares not pay the final call.

How much amount will be written under the 'subscribed but not fully paid-up capital' of the company?

₹7000

Shareholder who is having 1000 shares does not pay the final call which is ₹3. So, amount received = 1000 X 7= ₹7000