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[ISC] Q. 13 Solution of Share Capital TS Grewal ISC 2023-24 Edition

Question 13 of 79Chapter 7Class 12 · ISC✍ Vijay Adarsh

Step-by-step solution of Question 13, Chapter 7 Joint Stock Company – Issue of Share Capital, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.

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Question 13

Pandanus Ltd. purchased assets from Geeta & Co. for ₹ 5,00,000. A sum of ₹ 1,00,000 was paid by a bank draft and for the balance due, Pandanus Ltd. issued Equity Shares of ₹ 10 each at a premium of 25%. Journalise the above transactions in the books of the company.

TS Grewal Class 12 Issue of Share Capital Question 13

Solution

Solution of Q 13 Issue of Share Capital TS Grewal 2023-24
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About this solution

This is Chapter 7 Issue of Shares of ISC 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 Guidelines Issued by the ISC Council. Just follow our presentation of solutions and score good marks in Accountancy Exam.

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