Question:medium

The amount of 'Share Capital' presented in the Balance Sheet of Diwan Ltd. will be:

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After forfeiture, Share Capital in Balance Sheet = Called-up Capital - Calls-in-Arrears. The forfeited shares are not yet removed from Share Capital; only the unpaid amount is deducted. The Share Forfeiture amount is shown separately in Notes to Accounts.
  • ₹49,30,000
  • ₹50,00,000
  • ₹49,79,000
  • ₹49,49,000
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The Correct Option is C

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