Question 5 :
On 1st December, 1999 Mehul Ltd. was incorporated with
authorised capital of Rs. 1 core. On 30th November, 2000 the following is its
Trial Balance :
Dr.
Cr.
Rs.
Rs.
Equity
share capital (fully paid up shares of
Rs.
10 each of which 1,00,000 shares are issued
for
consideration other than cash Rs. 10,00,000)
...