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Solution of Q 8 Share Capital TS Grewal 2023-24 [CBSE]

Question 8 of 104Chapter 8Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 8, Chapter 8 Accounting for Share Capital (Issue of Shares), TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 8

Akanksha Leathers Ltd. invited applications for 10,000 shares of ₹ 100 each payable as follows:

₹ 30 on application, ₹ 30 on allotment and balance on first and final call.

All the shares were applied and allotted and the money was duly received.

You are required to Journalise these transactions and show share capital in the Balance Sheet.

TS Grewal Class 12 Issue of Shares Question 8

Solution

Solution of Q 8 Issue of Shares TS Grewal 2023-24 part 1
Solution of Q 8 Issue of Shares TS Grewal 2023-24 part 2
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All questions of Chapter 8

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About this solution

This is Chapter 8 Share Capital of TS Grewal Edition 2023-24.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

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