plz solve !!! The nominal capital of the JK SAOG was OMRShare CapitalAuthorized or Registered or NominalCapital:OMR5,000,000 which was divided into shares equal to10,000,000. The company has in issue paid upIssued Capital:capital of OMR 2 million with no arrears. In theSubscribed Capital:year 2020 the company came up with an IPO of 1million shares. The company received anCalled-up Capital:application for 1.5 million shares. The companyPaid-up Capital:rejected the excess application and called up 75%of its face value amount for the allotted shares. 2shareholders who were allotted 2,000 shares eachfailed to pay the call money.Assets:Called up capital not yet paidCalculate the amount of different categories of Bank (Called up capital paid)share capital and prepare the abstract of SFOP

Face value per share = 5,000,000/10,000,000 = OMR 0.50 Amount of…

Answered: Calculate the amount of different…

Business

Accounting

Calculate the amount of different categories of share capital and prepare the abstract of SFOP

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter15: Harvesting The Business Venture Investment

Section: Chapter Questions

Problem 1eM

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