On 1 January 2011 XYZ Ltd Decided to Issue 100

Multiple Choice

On 1 January 2011 XYZ Ltd decided to issue 100 000 shares to the public,payable as follows:
50 cents initially on application
20 cents payable within one month of allotment
30 cents payable in calls due 30 September 2012
Assuming the issue was fully subscribed and all amounts due were received by 30 June 2011.The balance of the Share Capital account on that date was:

A) $70 000
B) $75 000
C) $100 000
D) $105 000