Paid up capital

This query is : Resolved

MUKESH JOSHI (Querist)
Follow

02 March 2012 IN CALCULATION OF PAID UP CAPITAL WHETHER WE INCLUDE SHARE APPLICATION MONEY IN THAT OR SHALL WE INCLUDE SHARE APPLICATION MONEY IN ISSUE OR SUBSCRIBED CAPITAL.

Ajay Mishra

Ajay Mishra (Expert)
Follow

02 March 2012 Hi

It will be part of share capital and mentioned in balance sheet under heading Issued, subscribed and paid-up capital.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

02 March 2012 Share application money is neither the part of paid up share capital nor the part of subscribed share capital.

Upgrade to CAclubindia Pro. Subscribe Now!

Ajay Mishra

Ajay Mishra (Expert)
Follow

02 March 2012 But sir,

I think, it will be shown under Share Capital in Balance Sheet. Kindly suggest.

Guest

Guest (Expert)

02 March 2012 Share application will be disclosed seperately under head of share capital. It is neither part of subscribed capital nor paid up capital.