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Solution of Q 13 Share Capital TS Grewal 2023-24 [CBSE]

Question 13 of 104Chapter 8Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 13, 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 13

Bharat Ltd. was incorporated with a capital of ₹ 2,00,000 divided into shares of ₹ 10 each. 2,000 shares were offered for subscription and out of these, 1,800 shares were applied for and allotted. ₹ 3 per share (including ₹ 1 premium) was payable on application, ₹ 4 per share (including ₹ 1 premium) on allotment, ₹ 2 per share on first call and ₹ 3 per share on final call. All the money was received. Give necessary Journal entries and show Share Capital in the Balance Sheet.

TS Grewal Class 12 Issue of Shares Question 13

Solution

Solution of Q 13 Issue of Shares TS Grewal 2023-24 part 1
Solution of Q 13 Issue of Shares TS Grewal 2023-24 part 2
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Solution of Q 13 Issue of Shares TS Grewal 2023-24 part 3
Solution of Q 13 Issue of Shares TS Grewal 2023-24 part 4
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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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