Following notes pertain to the Balance Sheet of Manoj Ltd. as at 31 st March, 2025 ₹ Authorised capital: 30,000 12% Preference shares of 10 each…

Journal Entries in the books of Manoj Ltd. Date Particulars Dr. (₹) Cr. (₹) 1-4-2025 Equity share final call A/c Dr. 5,40,000 To Equity share capital A/c 5,40,000 (For final calls of 2per share on 2,70,000 equity shares due as per Board’s Resolution dated….) 20-4-2025 Bank A/c Dr. 5,40,000 To Equity share final call A/c 5,40,000 (For final call money on 2,70,000 equity shares received) Securities Premium A/c Dr. 75,000 Capital redemption Reserve A/c Dr. 1,20,000 General Reserve A/c Dr. 3,60,000 Profit and Loss A/c (b.f.) Dr. 1,20,000 To Bonus to shareholders A/c 6,75,000 (For making provision for bonus issue of one share for every four shares held) Bonus to shareholders A/c Dr. 6,75,000 To Equity share capital A/c 6,75,000 (For issue of bonus shares) Extract of Balance Sheet as at 30th April, 2025 (after bonus issue) Particulars ₹ Authorised Capital 30,000 12% Preference shares of 10each 3,00,000 3,37,500 Equity shares of 10each (refer W.N.) 33,75,000 Issued and subscribed capital 24,000 12% Preference shares of 10each, fully paid 2,40,000 3,37,500 Equity shares of 10each, fully paid 33,75,000 (Out of the above, 67,500 equity shares @10 each were issued by way of bonus shares) Reserves and surplus Capital Redemption Reserve 1,20,000 Less: Utilised for bonus issue (1,20,000) NIL Securities premium 75,000 Less: Utilised for bonus issue (75,000) NIL General Reserve 3,60,000 Less: Utilised for bonus issue (3,60,000) NIL Profit and Loss Account 6,00,000 Less: Utilised for bonus issue (1,20,000) 4,80,000 Working Note: