Page 32 - Ebook Financial Accounting 3

First Call 16,000
Ordinary Share Capital 16,000

(Being first call) (40m x 40cent)

Bank 14,400

First Call 14,400

(Being money received on first call) (36m x
40cent)

Second Call 16,000
Ordinary Share Capital 16,000

(Being second call) (40m x 40cent)

Bank 17,600

First Call 1,600

Second Call 16,000
st
nd
(Being money received on 2 and 1 call in
arrears) (4m x 40cent)

40 million Issued share
4 million Unpaid share
36 million Paid share

Extract from the Statement of Financial Position of All is Well Bhd
RM

Equity

Share capital
Issued share capital

40,000,000 ordinary shares, fully paid 80,000,000

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