DK Goel Solutions Q 4 Chapter 6 Issue of Shares Class 12 CBSE [2023-24]
Step-by-step solution of Question 4, Chapter 6 Accounting for Companies – Issue of Share Capital, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 4
On 1st April, 2021, Shakti Ltd. was formed with an authorized capital of ₹ 60,00,000 divided into 3,00,000 equity shares of ₹ 20 each. Out of these, 50,000 shares were issued to the vendors as fully paid up for purchase of office premises. The directors offered 1,20,000 shares to the public and called up ₹ 10 per share and received the entire called up amount on these shares.
Show the share capital in the Balance Sheet of the company as per Schedule-III and also prepare ‘notes to accounts’.
Solution
All questions of Chapter 6
Orange = this question · Grey = already opened.
About this solution
This is Chapter 6 Accounting for Companies – Issue of Shares of DK Goel For 2024 Examinations.
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 the Accountancy Board Exam.
Stuck on this question? Ask Vijay Sir
Be the first to ask on this question.